If you compare the increase in value of investment property in Watsonia North, 3087 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 11.18%.
The five-year average increase in median property values for Watsonia North,3087 has given property investors a potential capital gain of 50.05% across each of those five years.
At number 618th of VIC’s most discounted properties, Watsonia North is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $395 and the average annual increase in value of a median property of 8.23%, investors should hope to achieve an overall return of 2.91%