Demand
Soft▼ falling
Confidence: Moderate
Selling times are 8.0% above the five-year norm. Latest reading 38.0 against a five-year average of 35.2.
- Latest
- 38
- 12 months ago
- 39.1
- 5-year average
- 35.17
- 5-year range
- 26.5 – 41.7
3/104 Watton Street
Werribee 3030 · Townhouse · 3 bed · 2 bath · 1 car · 182 m² land · built 2014
- Estimated value
- $616,000
- Valuation range
- $579,000 – $653,000
- Estimated rent
- $545/wk
- Gross yield
- 4.6%
Estimate confidence: Moderate. Modelled from suburb medians and recorded transactions — not a valuation or financial advice.
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Stamp duty, government charges, settlement cash and the monthly cost of holding it.
Work out the all-in cost →Transaction history
| Date | Event | Method | Amount |
|---|---|---|---|
| 1 August 2022 | Sold | Auction | $570,000 |
| 1 August 2025 | Leased | APU derived record | $512/wk |
Market context
Signals for Werribee
Price Momentum
Soft— flat
Confidence: Moderate
Annual price growth is 5.5% below the five-year average. Latest reading 4.0 against a five-year average of 4.2.
- Latest
- 3.98
- 12 months ago
- 3.91
- 5-year average
- 4.21
- 5-year range
- 3.6 – 4.8
Rental Conditions
Weak▲ rising
Confidence: High
Vacancy is running 25.8% above the historical average. Latest reading 1.9 against a five-year average of 1.5.
- Latest
- 1.9
- 12 months ago
- 1.37
- 5-year average
- 1.51
- 5-year range
- 1.1 – 1.9
Rental Pressure
Soft▼ falling
Confidence: Moderate
Rental growth is 7.2% below the five-year average. Latest reading 5.6 against a five-year average of 6.0.
- Latest
- 5.55
- 12 months ago
- 6.16
- 5-year average
- 5.98
- 5-year range
- 5.4 – 6.7
Affordability
Firm— flat
Confidence: Moderate
The price-to-rent multiple sits 4.1% below its five-year average. Latest reading 21.7 against a five-year average of 22.7.
- Latest
- 21.74
- 12 months ago
- 22.06
- 5-year average
- 22.67
- 5-year range
- 21.7 – 23.7
Supply
Weak▼ falling
Confidence: High
Advertised stock is 14.5% above the five-year average. Latest reading 136.4 against a five-year average of 119.2.
- Latest
- 136.4
- 12 months ago
- 125.99
- 5-year average
- 119.15
- 5-year range
- 86.1 – 143.5
Comparable properties
| Address | Type | Beds | Estimate | Yield |
|---|---|---|---|---|
| No comparable properties tracked yet. | ||||
Local development activity
- Transport
Suburban Rail Loop East
Under construction · 2035
Reshapes access between middle-ring employment centres and lifts development capacity around six new stations.
Tunnelling underway between Cheltenham and Box Hill; precinct structure planning continues alongside.
- Transport
Metro Tunnel precinct uplift
Operating · Now
New CBD-fringe stations are already redirecting rental demand and apartment supply.
Station catchments at Parkville, Anzac and Arden are the focus of rezoning activity.
- Planning reform
Activity centre rezoning program
Announced · 2026-2028
Higher permitted densities across dozens of centres change the medium-term apartment pipeline.
Watch approval volumes in nominated centres for early supply signals.
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