Property investors have seen a 0.97% 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 $313,000
Profits averaged 2.89% 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 $325 based on current median home prices for the suburb.
The gross rental yield in WEST WODONGA, 3690 is 5.4%.
An average of 19 real estate transactions take place per month in WEST WODONGA which translates to 228 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||0.97%||-0.49%|
|Median 3 years||8.68%||7.67%|
|Median 5 years||15.07%||7.11%|
|10 years average annual||1.48%||1.08%|
|Weekly media advert. rent||$325||$240|
|Time on Market||83.5 days||84.2 days|
|Gross Rental Yield Percent||5.4%||6.13%|