The suburb’s capital gain of -0.2% for the past year is lower than average compared to its 9.78% growth within a five-year period.
Also in WENDOUREE, the median home price is sitting at $247,000, and the average rent at $260, this suggests property owners could potentially earn a 5.47% increase in gross rental yield.
Property investors have seen a 0% 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 2.85% growth over a ten-year period. It ranks 2741st on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-0.2%||2.6%|
|Median 3 years||2.49%||2.61%|
|Median 5 years||9.78%||7.97%|
|10 years average annual||2.85%||4.96%|
|Weekly media advert. rent||$260||$200|
|Time on Market||75.2 days||78.3 days|
|Gross Rental Yield Percent||5.47%||4.39%|