Over the last year, property investments in Werribee South, 3030 have given investors a capital gain of 12.21%. This compares favourably with the 4.75% for VIC as a whole.
Over the longer term, Werribee South has seen property prices show investors a 28.95% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Werribee South should be aiming for at least -9.04% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 1.58 sales per month, which equates to 19 per year.
Situated 28.57km from the CBD, Werribee South is one of Wyndham (C) localities in the postcode 3030.
Property investors who have had real estate in Werribee South, 3030 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -23.40%
Werribee South,3030 has offered an average of -23.40% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Werribee South is offering property investors an average of -5.45. This rate of discount on properties puts Suburb at number 190th in terms of most discounted suburbs in VIC
The VIC suburb of Werribee South, 3030 is in the Wyndham (C) local government area.