If you compare the increase in value of investment property in Werribee South, 3030 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -11.43%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Werribee South has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Werribee South are currently offering property investors an average price cut of -8.20% below the asking price at the moment.
Using the current median advertised rental of $362.5 and the average annual increase in value of a median property of 4.58%, investors should hope to achieve an overall return of 3.47%