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West WodongaWest Wodonga - SUBURB PROFILE REPORT
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Property investors have seen a 1.8% gain in WEST WODONGA based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains WEST WODONGA, 3690 saw average growth in the long term.
The VIC suburb also 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 $368,000
Profits averaged 4.76% per annum over a 3-year period, due to an upward trend in home prices in WEST WODONGA, 3690.
This means, real estate investors could earn a rental income of $360 based on current median home prices for the suburb.
The gross rental yield in WEST WODONGA, 3690 is 5.09%.
An average of 16.75 real estate transactions take place per month in WEST WODONGA which translates to 201 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $368,000 | $220,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.8% | -2.22% |
| Median 12 month | 8.24% | -3.72% |
| Median 3 years | 14.29% | 6.02% |
| Median 5 years | 20.26% | 15.79% |
| 10 years average annual | 2.67% | 1.54% |
| Weekly media advert. rent | $360 | $267.5 |
| Time on Market | 59.4 days | 83.5 days |
| Gross Rental Yield Percent | 5.09% | 6.32% |
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