The suburb’s capital gain of 2.03% for the past year is higher than average compared to its 10.12% growth within a five-year period.
Also in WENDOUREE, the median home price is sitting at $249,970, and the average rent at $265, this suggests property owners could potentially earn a 5.51% increase in gross rental yield.
Property investors have seen a 0.39% 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 2.88% growth over a ten-year period. It ranks 2710th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||2.03%||-3.16%|
|Median 3 years||3.29%||0.92%|
|Median 5 years||10.12%||5.63%|
|10 years average annual||2.88%||3.94%|
|Weekly media advert. rent||$265||$200|
|Time on Market||72.3 days||74.7 days|
|Gross Rental Yield Percent||5.51%||4.52%|