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North Wonthaggi

Suburb Profile

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

house

Property investors enjoyed capital gains of 8.83% 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 low, as opposed to average gains per annum over the past five years.

The suburb posted a 44.98% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $340 based on current median home prices for the suburb.

On average, rents on listings have reached the $340 mark, reflecting a 4.22% increase in returns based on the current median price in NORTH WONTHAGGI.

NORTH WONTHAGGI, 3995 ranks 285th in VIC in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 113th on the list of best yielding suburbs for rental properties in VIC, posting a 4.22% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $419,000 N/A
GROWTH REPORT
Median Quarterly 5.01% N/A
Median 12 month 8.83% N/A
Median 3 years 44.98% N/A
Median 5 years 56.2% N/A
10 years average annual 4.46% N/A
Weekly media advert. rent $340 N/A
Time on Market 83.0 days N/A
Gross Rental Yield Percent 4.22% N/A
demographics (median values)
Total Population
2333
Weekly Household Income
705.4
Household Size
2.60
demographics
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