With a capital gain of -2.59% for the last 12 months, Winchelsea, 3241 has performed for property investments than its average annual 4.23% property growth over the last 5 years.
Winchelsea,3241 was ranked 1268 in Australia by increase in median property value over the quarter.
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 Winchelsea, 3241. Typically our figures indicate that -6.97% is being offered, which puts this VIC suburb at 1201th most discounted overall in Australia.
A $300 per week rent on the median house gives suburb investors a gross yield of circa 5.52%, without taking into account capital value appreciation, which has been averaging out at 4.23%.