With a capital gain of 13.15% for the last 12 months, Watsonia, 3087 has performed for property investments than its average annual 9.05% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Watsonia comes in at number 217th in VIC.
Watsonia, 3087 is offering VIC ‘s 106th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this VIC.
At number 154 in a list of fastest selling suburbs, Watsonia is in the TOP 10% of suburbs in Australia with an average of days on market 36.93 for properties listed there.
With the median price for a house in Watsonia being $701500 and the advertised rent reaching $395 the gross rental yield for property investors calculates out to be 2.93%
Over the last year, property investments in Watsonia, 3087 have given investors a capital gain of 5.47%. This compares favourably with the 2.98% for VIC as a whole.
Taking the average capital gain, or increase in median house value, Watsonia,3087 has racked up an average of 5.47% over the period. This ranks it number 458th in the whole country for real estate investors looking at median house price increases.
On average over the past year, suburb has had 1.92 sales per month, which equates to 23 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%