Over the last year, property investments in Watsonia North, 3087 have given investors a capital gain of 12.07%. This compares averagely with the 11.11% for VIC as a whole.
Taking the average capital gain, or increase in median house value, Watsonia North,3087 has racked up an average of 12.07% over the period. This ranks it number 811th in the whole country for real estate investors looking at median house price increases.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.04% offered to property buyers. Sellers in Watsonia North itself are offering an average vendor discount of -2.14% to real estate investors.
With the median price for a house in Watsonia North being $794000 and the advertised rent reaching $430 the gross rental yield for property investors calculates out to be 2.82%