How rental and vacancy rates are performing in major capitals
New data reveals the national vacancy rate for May, and how asking prices for rentals have performed for property investors. ...
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% |
New data reveals the national vacancy rate for May, and how asking prices for rentals have performed for property investors. ...
Propertyology’s Simon Pressley answers one of the most common property buying questions: Should investors purchase properties they would w...
A new report projects what major shifts in the economy need to take place to ensure growth, and the make-up of the property market factors s...
The NSW state budget for 2019-20 has been handed down, with a record spend on infrastructure. Here’s where the money’s being planned to ...
Waterfront locations, particularly in capital cities such as Sydney, are often deemed as “prestige property markets”, but can scenic vie...
An issue with apartment towers in Sydney’s inner south has seen its residents evacuated and has highlighted the need for investors to keep...
Get notifications in real-time for staying up to date with content that matters to you.