WENDOUREE ranks 10th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 5.26% for the past year is higher than average compared to its 13.04% growth within a five-year period.
Also in WENDOUREE, the median home price is sitting at $260,000, and the average rent at $270, this suggests property owners could potentially earn a 5.4% increase in gross rental yield.
Property investors have seen a 2.17% gain in WENDOUREE based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 3.29% growth over a ten-year period. It ranks 2308th on our list of suburbs that property investors should look into.
WENDOUREE, 3355 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $216,500.
Augmented property values in WENDOUREE are trailing behind the VIC average of 7.69% for the past year.
Real estate investors could earn a rental income of $200 based on current median home prices for the suburb.
Home owners selling their properties and realtors in WENDOUREE usually have to wait an average of 82.4 days days before their assets are lifted off the market.
WENDOUREE ranks 82nd on the list of best yielding suburbs for rental properties in VIC, posting a 4.8% return.
WENDOUREE, 3355 places 325th in Australia based on median property value growth during the quarter.