Westmeadows has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 11.63% to date .
A 18.52% growth in median value for property investors in Westmeadows,3049 puts this suburb at number 149th in terms of best performing suburbs in VIC
At number 7th of VIC’s most discounted properties, Westmeadows is in the bottom 10% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Westmeadows the average time real estate has been on the market is 37.66 days.
Situated 16.50km from the CBD, Westmeadows is one of Hume localities in the postcode 3049.
Westmeadows, 3049 ranked 295th in VIC when comparing growth in median property values or capital gain over the last 12 months. Westmeadows is one of 2098 in our list for VIC
Taking the average capital gain, or increase in median house value, Westmeadows,3049 has racked up an average of -2.08% over the period. This ranks it number 1373th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Westmeadows is $377000, with sellers offering an average of -6.89% off the asking price.
Westmeadows, 3049’s gross rental yield is 4.62%