Giving property investors a a solid capital gain of 16.94% for the last year, Watsonia, 3087 is the 471th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Watsonia has given property investors a paper return of 4.32%. This puts Suburb as 159 on a list of fastest fasting appreciating suburbs in VIC
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Watsonia, 3087. Typically our figures indicate that -8.03% is being offered, which puts this VIC suburb at 795th most discounted overall in Australia.
In the last year 71 properties changed hands in Watsonia, which puts it as the 356th most active market in VIC when comparing the number of sales per suburb.
VIC has seen average median house prices change by 4.26% which means that Watsonia, 3087 has done well for property investors by showing a capital gain of 3.68% over the last year
Taking the average capital gain, or increase in median house value, Watsonia,3087 has racked up an average of 3.68% over the period. This ranks it number 459th in the whole country for real estate investors looking at median house price increases.
On average over the past year, suburb has had 1.50 sales per month, which equates to 18 per year.
With the median price for a house in Watsonia being $549500 and the advertised rent reaching $310 the gross rental yield for property investors calculates out to be 2.93%