Winchelsea has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 22.22% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Winchelsea comes in at number 122th in VIC.
At number 506th of VIC’s most discounted properties, Winchelsea is in the TOP 30% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Winchelsea the average time real estate has been on the market is 55.6 days.
The VIC suburb of Winchelsea, 3241 is in the Surf Coast local government area.
A stunning escape less than two hours from Melbourne, the suburb of Winchelsea serves a gateway to the Otway Hinterlands and Western District. Growth peaked at almost 30% in the 12 months leading up to January 2018Full summary
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Growth peaks in historic suburb
Median house price: $341,000
Three-year growth: 17.2%
Rental yield: 4.7%
A stunning escape less than two hours from Melbourne, the suburb of Winchelsea serves a gateway to the Otway Hinterlands and Western District. Growth peaked at almost 30% in the 12 months leading up to January 2018.
House values are low at under $350,000, and coupled with the reasonable average rental return of 4.7%, this market could appeal to investors given the growth potential.
Winchelsea is situated on the banks of the Barwon River, and is rich in history. It boasts an idyllic country lifestyle that attracts tourists. This bustling industry is supported by cafes, pubs and shops. A monthly market showcases local produce, and the suburb is served by the Winchelsea railway station, which is a stop along the Warrnambool line.Close