WONGA PARK 3115
State: VICPosiProp AI Investment Summary
WONGA PARK (VIC 3115) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.7% and has experienced a 12-month capital growth of Up 3.4%, with a median house buy price of $1,695,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$945,000
$1,232,500
$1,700,000
$1,695,000
Suburb Market Profile
Last month Wonga Park had 3 properties available for rent and 18 properties for sale. Median property prices over the last year range from $1,695,000 for houses to $1,075,000 for units. If you are looking for an investment property, consider houses in Wonga Park rent out for $820 PW with an annual rental yield of 3.7% and units rent for $595 PW with a rental yield of 3.7%. Wonga Park has seen an annual compound growth rate of 3.4% for houses and 39.6% for units.