Figures from the previous quarter show that capital gains for real estate buyers in WANGARATTA are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $290 based on current median home prices for the suburb.
On average, rents on listings have reached the $290 mark, reflecting a 5.66% increase in returns based on the current median price in WANGARATTA.
WANGARATTA, 3677 ranks 624th in VIC in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 48th on the list of best yielding suburbs for rental properties in VIC, posting a 5.66% return.
Property investors have seen a -2.04% drop in WANGARATTA based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains WANGARATTA, 3677 saw average growth in the long term.
WANGARATTA, 3677 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 $192,000.
Profits due to an downward trend in home prices in WANGARATTA, 3677 averaged -2.56% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $222.5 based on current median home prices for the suburb.
The gross rental yield in WANGARATTA, 3677 is 6.03%.
An average of 3.5 real estate transactions take place per month in WANGARATTA which translates to 42 per annum.
When an industry person not from WA...
Excellent and very sound advice which...
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