Investment property in Watsonia has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -12.16%
Across a shorter period, Watsonia, 3087 has seen a median price increase of -0.14% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Watsonia, 3087. Typically our figures indicate that -3.85% is being offered, which puts this VIC suburb at 2946th most discounted overall in Australia.
Residents and property investors in Watsonia have been waiting around 51.2069 days to sell a property.
A $420 per week rent on the median house gives suburb investors a gross yield of circa 3.03%, without taking into account capital value appreciation, which has been averaging out at 6.53%.