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Investment Property Werribee, VIC, 3030

Suburb Snapshot

Werribee is a suburb in the Wyndham Region of Victoria. Werribee has a population of 40,343 people and 27.79% of its occupants live in rental accommodation. The median listing price for houses is $600,000 and this has changed 0.00% over the past year and changed 0.84% over 2 years.

The median rent in Werribee for houses is $460 per week and the median rental yield is 3.98%. Stock on the market for houses/townhouses has changed -19.79% compared to last year and the average time to sell a house/townhouse is 126 days.The median listing price for units is $399,000 and this has changed -0.25% over the past year. The average unit takes 77 days to sell and the median rent for a unit in Werribee is $380 per week, producing a rental yield of 4.95%.

Supply & Demand in Werribee, Wyndham

1.57%

Current vacancy rate


361

Rental stock available


40,343

Population


27.79%

Rental population


1.75%

Current vacancy rate


2,198

Rental stock available


217,116

Population


25.85%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Werribee, Wyndham

  House Townhouses Units
Median listing price $600,000 $500,000 $399,000
Median price change - last quarter 0.08% 0.20% 0.00%
Median price change - 1 year 0.00% 0.00% -0.25%
Median price change - 2 years 0.84% 3.09% -3.86%
  House Townhouses Units
Median weekly rent $460 $450 $380
Median yield % 3.98% 4.68% 4.95%
Median rent change - 1 year 6.97% 7.14% 8.57%
  House Units
Previous month sales 61 6
Stock on market previous month 454 24
Stock variance vs. last year -19.79% -31.43%
Average days on market 126 77

Werribee investment property listings

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