Real Estate Appraisal Werribee VIC 3030

<p>The median price for a house in Werribee is $610,000 as of March 2, 2023. The median price for a unit is $428,500.</p><p>There have been 877 houses sold and 188 units sold in the last year. The average annual capital growth for houses is 6.34% and for units, it is 3.86%.</p><p>The 12-month capital growth is 7.39% on houses and for units, it is 2.44%.</p><p>The Demand to Supply Ratio or DSR rating has homes as above average and units as balanced. In this market, demand just outnumbers supply.</p><p>This is a favourable market for those looking to implement a value-added strategy. Buyers can sometimes get away with making lowball offers. More frequently than not, sellers obtain the prices they demand. Growth will likely be slightly higher than the national average. It takes on average 27 days to sell a house and 28 days to sell a unit in Werribee.</p><p></p><p><b>House prices and rent returns in Werribee.</b></p><ul><li>2 bedroom home $540,000, Rent per week $330</li><li>3 bedroom home $565,000 Rent per week $350</li><li>4 bedroom home $655,000, Rent per week $400</li></ul><p><b>Unit prices and rent returns in Werribee.</b></p><ul><li>1 bedroom home $364,000, Rent per week $285</li><li>2 bedroom home $390,000, Rent per week $320</li><li>3 bedroom home $470,000, Rent per week $350</li></ul><p>The Werribee gross rental yield for houses is 3.23% and for units, it is 4.13%.</p>

<ul><li>Recent property sales history in the Werribee district</li><li>Location and the proximity to amenities</li><li>Accessibility of schools and shops</li><li>Comparison of market values</li><li>Condition and size of the property</li></ul>

<p><a href="https://www.barryplant.com.au/sold-properties/?status=sold&amp;property_class=residential&amp;listing_type=sale&amp;search_view=location&amp;save_search=false&amp;advanced=false&amp;address_suburb=WERRIBEE&amp;order_by=-created">View all sold properties in Werribee</a></p>

<p>Werribee is a Melbourne suburb in Victoria, Australia, located 32 kilometres south-west of Melbourne&#x27;s CBD and within the City of Wyndham local government area. At the 2016 Census, Werribee had a population of 40,345 people. Neighbouring suburbs include Werribee South, Wyndham Vale and <a href="/real-estate-appraisal-hoppers-crossing-vic-3029/">Hoppers Crossing</a>.</p><p>Werribee&#x27;s main commercial district is mostly located along Watton Street and extends into Synnot Street. Werribee, at the crossroads of Geelong and the Great Ocean Road, is a contemporary town with natural beauty and world-class attractions.</p><p>Werribee has something for everyone, including trails, cliffs, and coastal parks for adventure enthusiasts, exotic animals, premium day spas, and a rapidly expanding cuisine scene. The Werribee River flows behind Watton Street and through Werribee&#x27;s residential districts, with parkland and pathways lining much of the river.</p><p>You may golf like a champion on magnificent greens, kayak down the river, or dive into the deep blue of Wyndham Harbour. Visit the huge wetlands to learn about international aviation history or to see uncommon foreign birds land.</p><p>The Werribee Park Tourism Precinct, located south of the town centre, is a major tourist attraction in the area. The Werribee Open Range Zoo, the magnificently renovated Werribee Park Mansion, which was erected in the 1870s and is surrounded by exquisite formal gardens, the Victoria State Rose Garden, the National Equestrian Centre, Werribee Park Golf Club, and Shadowfax Winery are among the attractions.</p><p>Werribee access is serviced by the M1 motorway and Werribee Train Station.</p>

<p>There are 17 schools in Werribee.</p><ul><li><a href="https://www.werribeeps.vic.edu.au/">Werribee Primary School</a></li><li><a href="https://www.manorvaleps.vic.edu.au/">Manorvale Primary School Werribee</a></li><li><a href="http://thomaschirnsideps.vic.edu.au/">Thomas Chirnside Primary School Werribee</a></li><li><a href="http://www.westgrps.vic.edu.au/">Westgrove Primary School Werribee</a></li><li><a href="https://www.wyndhamcentralsc.vic.edu.au/">Wyndham Central Secondary College</a></li><li><a href="http://webtest2.werribeesc.vic.edu.au/">Werribee Secondary College</a></li><li><a href="https://www.suzannecoryhs.vic.edu.au/">Suzanne Cory High School Werribee</a></li><li><a href="https://www.wyndhamparkps.vic.edu.au/">Wyndham Park Primary School</a></li><li><a href="https://www.wels.vic.edu.au/locations/wyndham-7-10/">Western English Language School-Wyndham Secondary Campus</a></li><li><a href="https://www.schoolbuildings.vic.gov.au/riverwalk-primary-school#:~:text=Location,56%20Timbarra%20Drive%20Werribee%203030">Riverwalk Primary School Werribee</a></li><li><a href="https://www.sawerribee.catholic.edu.au/">St Andrew&#x27;s School Werribee</a></li><li><a href="https://www.mackillopwerribee.com.au/">MacKillop Catholic Regional College Werribee</a></li><li><a href="https://www.ccwerribee.catholic.edu.au/">Corpus Christi School Werribee</a></li><li><a href="https://www.bswerribeenth.catholic.edu.au/">Bethany Catholic Primary School Werribee</a></li><li><a href="https://www.heathdale.vic.edu.au/">Heathdale Christian College Werribee</a></li><li>SEDA College Victoria AFL - Werribee</li><li><a href="https://sjwerribee.catholic.edu.au/">St Joseph’s Catholic Primary School Werribee</a></li></ul>

<p>Office: <a href="/offices/werribee/">Werribee</a><br/>Phone: <a href="tel:03 9731 8888">03 9731 8888</a></p>