VIC/
North wonthaggi

Suburb Profile

North Wonthaggi - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3995

house

Property investors enjoyed capital gains of 12.91% over the last 12 months in NORTH WONTHAGGI, translating to lower returns compared with its peers in VIC.

Figures from the previous quarter show that capital gains for real estate buyers in NORTH WONTHAGGI are high, as opposed to average gains per annum over the past five years.

The suburb posted a 10.57% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $255 based on current median home prices for the suburb.

On average, rents on listings have reached the $255 mark, reflecting a 4.53% increase in returns based on the current median price in NORTH WONTHAGGI.

NORTH WONTHAGGI, 3995 ranks 345th in VIC in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 144th on the list of best yielding suburbs for rental properties in VIC, posting a 4.53% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $293,000 N/A
GROWTH REPORT
Median Quarterly 4.64% N/A
Median 12 month 12.91% N/A
Median 3 years 10.57% N/A
Median 5 years 14.01% N/A
10 years average annual 2.19% N/A
Weekly media advert. rent $255 N/A
Time on Market 92.1 days N/A
Gross Rental Yield Percent 4.53% N/A
demographics (median values)
Total Population
2333
Weekly Household Income
705.4
Household Size
2.60
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North Wonthaggi, VIC
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