Property investors have seen a -0.46% 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 $325,500
Profits averaged 3.32% 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 $330 based on current median home prices for the suburb.
The gross rental yield in WEST WODONGA, 3690 is 5.27%.
An average of 19.33 real estate transactions take place per month in WEST WODONGA which translates to 232 per annum.
Property investments in WEST WODONGA fare well against the rest of the country last year, registering a median home price increase of 3.9%.
Figures from the previous quarter show that capital gains for real estate buyers in WEST WODONGA are low, as opposed to average gains per annum over the past five years.
This means, real estate investors could earn a rental income of $235 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In WEST WODONGA, homes and units usually stay on listing for an average of 73.2 days.
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 $213,000
Investors saw the median home price rise to $213,000.
WEST WODONGA ranks 24th on the list of best yielding suburbs for rental properties in VIC, posting a 5.74% return.
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