VIC has seen average median house prices change by 8.62% which means that Watsonia, 3087 has done well for property investors by showing a capital gain of 9.02% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Watsonia comes in at number 157th in VIC.
Property investors looking for a bargain in Watsonia should be aiming for at least -3.48% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $417.5 and the average annual increase in value of a median property of 8.31%, investors should hope to achieve an overall return of 2.61%
Watsonia, 3087 ranked 317th in VIC when comparing growth in median property values or capital gain over the last 12 months. Watsonia is one of 2098 in our list for VIC
The five-year average increase in median property values for Watsonia,3087 has given property investors a potential capital gain of 26.74% across each of those five years.
Watsonia, 3087’s gross rental yield is 3.34%