The policies impacting property in the NSW state election
Property policies are a headline issue for the NSW state election, with voters going to the polls this weekend. Smart Property Investment ha...
Property investors have seen a -0.62% drop in WEST WODONGA based on a decrease 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 $320,000
Profits averaged 1.36% 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 $340 based on current median home prices for the suburb.
The gross rental yield in WEST WODONGA, 3690 is 5.53%.
An average of 21.33 real estate transactions take place per month in WEST WODONGA which translates to 256 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $320,000 | $215,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.62% | 2.38% |
| Median 12 month | 0% | 3.86% |
| Median 3 years | 4.07% | 10.97% |
| Median 5 years | 17.43% | 14.36% |
| 10 years average annual | 2.36% | 1.64% |
| Weekly media advert. rent | $340 | $245 |
| Time on Market | 72.6 days | 77.8 days |
| Gross Rental Yield Percent | 5.53% | 5.93% |
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