Property value increases in Waurn Ponds have tracked higher than the VIC average of 3.76% over the last 12 months.
Over the longer term, Waurn Ponds has seen property prices show investors a 28.65% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Waurn Ponds 3216 should be seeing an average reduction in asking price of around -3.44% . This means that Waurn Ponds is holding prices well when compared to other suburbs in VIC.
Often selling an investment property can take time, and in Waurn Ponds the average time real estate has been on the market is 34.8 days.
A $440 per week rent on the median house gives suburb investors a gross yield of circa 3.71%, without taking into account capital value appreciation, which has been averaging out at 5.28%.