Giving property investors a a solid capital gain of 18.94% for the last year, Watsonia, 3087 is the 378th highest performer in Australia in this respect.
Watsonia,3087 was ranked 765 in Australia by increase in median property value over the quarter.
On average over the past year, suburb has had 5.50 sales per month, which equates to 66 per year.
Using the current median advertised rental of $395 and the average annual increase in value of a median property of 9.65%, investors should hope to achieve an overall return of 2.77%
Property investors who have had real estate in Watsonia, 3087 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.55%
Watsonia,3087 has offered an average of 7.55% return per annum in house price rises to property investors over the last three years.
Watsonia, 3087’s gross rental yield is 2.74%