If you compare the increase in value of investment property in Warracknabeal, 3393 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was 0.22%.
The five-year average increase in median property values for Warracknabeal,3393 has given property investors a potential capital gain of 10.14% across each of those five years.
Sellers are offering property buyers an average discount of -10.13% to buyers in Warracknabeal at the moment, which is less than average for the rest of VIC.
Often selling an investment property can take time, and in Warracknabeal the average time real estate has been on the market is 137.32 days.
A $180 per week rent on the median house gives suburb investors a gross yield of circa 8.21%, without taking into account capital value appreciation, which has been averaging out at 4.76%.