Watsonia is in the TOP 30% in VIC when comparing median price capital growth over the last year. Watsonia gave property investors a good capital gain figure when compared to the rest of the state, with 12.40%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Watsonia has increased when compared to the 5 year average annual rate.
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 815th most discounted overall in Australia.
With the median price for a house in Watsonia being $680000 and the advertised rent reaching $392.5 the gross rental yield for property investors calculates out to be 3.00%
If you compare the increase in value of investment property in Watsonia, 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 5.57%.
Watsonia,3087 was ranked 1410 in Australia by increase in median property value over the quarter.
Watsonia is 351th on a list of best yielding suburbs for rents in VIC with a 2.93% return