With a capital gain of 1.74% for the last 12 months, Warracknabeal, 3393 has performed for property investments than its average annual 3.81% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Warracknabeal has given property investors a paper return of -2.50%. This puts Suburb as 644 on a list of fastest fasting appreciating suburbs in VIC
At number 33th of VIC’s most discounted properties, Warracknabeal is in the bottom 10% of the state/territory when listing in order of most discounted to least.
In the last year 48 properties changed hands in Warracknabeal, which puts it as the 438th most active market in VIC when comparing the number of sales per suburb.
Using the current median advertised rental of $175 and the average annual increase in value of a median property of 3.81%, investors should hope to achieve an overall return of 7.78%