Investment property in Worrigee has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 14.09%
Worrigee,2540 has offered an average of 14.09% return per annum in house price rises to property investors over the last three years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.53% offered to property buyers. Sellers in Worrigee itself are offering an average vendor discount of -3.07% to real estate investors.
A $390 per week rent on the median house gives suburb investors a gross yield of circa 4.77%, without taking into account capital value appreciation, which has been averaging out at 4.39%.