Over the last year, property investments in Warracknabeal, 3393 have given investors a capital gain of -5.24%. This compares very badly with the 7.88% for VIC as a whole.
If we look at median property appreciation over just the last three months, Warracknabeal has given property investors a paper return of 3.86%. This puts Suburb as 124 on a list of fastest fasting appreciating suburbs in VIC
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 Warracknabeal, 3393. Typically our figures indicate that -11.15% is being offered, which puts this VIC suburb at 197th most discounted overall in Australia.
Using the current median advertised rental of $180 and the average annual increase in value of a median property of 2.22%, investors should hope to achieve an overall return of 8.44%