How Much is My Home Worth in Werribee?
The median price for a house in Werribee is $510,500 as of February 27, 2020. A median-priced unit is $380,000. There have been 612 houses and 97 units sold this year. It takes on average 70 days to sell a house and 65 days to sell a unit or apartment. The annual capital growth for homes is 6.90% and units is 4.95%. The 12-month capital growth is 0.00% on houses and -2.60% for units.
The Demand to Supply Ratio or DSR rating puts homes as above average and units as good. Effectively the market is saying there are more buyers than sellers. Vendors are more often than not getting their asking price. If you were to purchase or invest in a property in Werribee the capital growth should stay ahead of the national average.
House prices and rent returns in Werribee.
- 2 bedroom home $405,000 Rent per week $310
- 3 bedroom home $475,000 Rent per week $340
- 4 bedroom home $574,450 Rent per week $380
Unit prices and rent returns in Werribee.
- 2 bedroom unit $340,000 Rent per week $300
- 3 bedroom unit $407,500 Rent per week $350
Free Real Estate Appraisal Werribee
Are you going to sell your home? Do you want to know the market price for your house or unit? Our real estate agents provide free property appraisals on units, apartments, land and houses. We determine the property price based on its location to shops, schools and public transport. We also take into account recent sales history. Our appraisers will deliver a fast and accurate value of your home and what you can expect as an offer in today’s property climate.
Free Rental Appraisal Werribee
Do you want to rent your home and need a property manager? Or, do you own an investment property and need a rental manager? The O’Brien Real Estate Group manage over 3700 homes in Melbourne. Our rental appraisers will provide a free estimation on your expected weekly rent return. We will discuss with the owner the length of the lease and who they prefer renting their home. We manage the rent collection, routine inspections, maintenance and tax accounting. We have a large database of tenants wanting to rent now.
Property Valuation Werribee
Did you know there is a difference between a property valuation and an appraisal? If, for legal reasons you require a valuation then you have to engage the services of a registered valuer. This service will come with a fee. An appraisal can be performed by any licensed real estate agent.
Open Range Zoo Werribee
Lifestyle in Werribee
Werribee is located 32 kilometres south-west of the Melbourne central business district. Its southern border runs along the M1 Freeway. The Werribee River runs through the middle of Werribee. There are multiple activities you can participate in that include the Werribee Race Course, Golf Club, National Equestrian Centre and Open Range Zoo. The suburb is serviced by a major train station that connects to Melbourne and Geelong.
Schools in Werribee
There are at least 18 schools in Werribee. Here is a summary of 6.
- East Werribee Secondary College Co-educational
- Werribee Primary School Co-educational
- St Andrews Primary School
- Bethany Catholic Primary Primary School Co-educational
- MacKillop Catholic Regional Collegel
- Victoria University, Werribee campus University and TAFE