Property investors who have had real estate in Warracknabeal, 3393 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.33%
If we look at median property appreciation over just the last three months, Warracknabeal has given property investors a paper return of -1.09%. This puts Suburb as 445 on a list of fastest fasting appreciating suburbs in VIC
LACK OF BUYER INTEREST may well be the reason that Warracknabeal is offering property investors an average of -6.20. This rate of discount on properties puts Suburb at number 80th in terms of most discounted suburbs in VIC
Residents and property investors in Warracknabeal have been waiting around 78.88 days to sell a property.
With the median price for a house in Warracknabeal being $113750 and the advertised rent reaching $180 the gross rental yield for property investors calculates out to be 8.23%