Mortgage Broker Wodonga

Mortgage Broker Wodonga | Home Loans

Wodonga is a city in Victoria approximately 300 kilometres north-east of Melbourne, Australia. It sits on the border with New South Wales and is separated from its twin city Albury, by the beautiful Murray River. Together, the two cities form an urban area with a population of roughly 93,000.

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Property investors have seen a 0.18% 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 $549,500

Profits averaged 15% 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 $485 based on current median home prices for the suburb.

The gross rental yield in WEST WODONGA, 3690 is 4.59%. An average of 16.67 real estate transactions take place per month in WEST WODONGA which translates to 200 per annum.

*As at 24/7/2024 (Data sourced from Realestate.com.au/Core Logic & Smart Property Investment)

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Mortgage Broker Wodonga