Investment property in Werribee South has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.85%
Taking the average capital gain, or increase in median house value, Werribee South,3030 has racked up an average of 13.85% over the period. This ranks it number 1248th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Werribee South 3030 should be seeing an average reduction in asking price of around -7.22% . This means that Werribee South is holding prices well when compared to other suburbs in VIC.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 7.89%, investors should hope to achieve an overall return of 2.81%
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 -7.45%
While Werribee South,3030 ranked number 255th in VIC for increase in median house value (annualised) increase, it is ranked 342th over the last 5 years.
The VIC suburb of Werribee South, 3030 is in the Wyndham local government area.