WESTMEADOWS 3049
State: VICPosiProp AI Investment Summary
WESTMEADOWS (VIC 3049) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.9% and has experienced a 12-month capital growth of Up 11.7%, with a median house buy price of $742,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$688,000
$725,000
$843,000
$742,500
Suburb Market Profile
Last month Westmeadows had 22 properties available for rent and 32 properties for sale. Median property prices over the last year range from $742,500 for houses to $600,000 for units. If you are looking for an investment property, consider houses in Westmeadows rent out for $550 PW with an annual rental yield of 3.9% and units rent for $510 PW with a rental yield of 4.5%. Westmeadows has seen an annual compound growth rate of 11.7% for houses and 5.7% for units.