Real Estate Appraisal Westmeadows VIC 3049
How much is my home worth in Westmeadows?
The median price for a house in Westmeadows is $680,000 as of April 4, 2023. A median-priced unit is $595,250.
There have been 78 houses and 30 units sold in the last year. The average annual capital growth for houses is 3.61% and for units, it is 3.54%.
The 12-month capital growth is -2.46% on houses and -3.99% on units.
The Demand to Supply Ratio or DSR rating has homes as good and units or apartments as good. Buyers are making reasonable offers, and sellers are not panicking. For investors, this is a favourable market. Demand is outpacing supply, but not by much. Buyers seldom get away with making low-ball bids. Sellers almost always receive the pricing they demand. Growth will likely outpace the national average. It takes on average 34 days to sell a house and 28 days to sell a unit in Westmeadows.
House prices and rent returns in Westmeadows.
- 3 bedroom home $665,000, Rent per week $420
- 4 bedroom home $714,000, Rent per week $500
Unit prices and rent returns in Westmeadows.
- 2 bedroom unit N/A, Rent per week $380
- 3 bedroom unit $614,250, Rent per week $440
The Westmeadows gross rental yield for houses is 3.21% and for units, it is 3.84%.
Free Real Estate Appraisal Westmeadows
Selling your house in Westmeadows? Do you want to know the current market price of your house or unit? Our appraisers will deliver an accurate appraisal based on recent sales data together with the location of amenities, schools and shops. Our agents will provide this valuation free of charge.
Free Rental Appraisal Westmeadows
Do you have an investment property you wish to rent? Or, do you want to rent out your current home? Our property management team currently manages over 34,000 properties in Australia. Our focus is to maintain and care for your property so you can realise the maximum return on your investment. We use the latest software tools to organise our services and we provide full digital tax accounting files. We work closely with the landlord and report regularly on their property. We have a large database of potential tenants that we screen for security reasons.
Property Valuation Westmeadows
The majority of people believe a property appraisal and a property valuation are the same. In part, this is true. However, if you need a valuation for legal purposes, you need to engage the services of a licenced property valuer. A valuation from a certified property valuer will cost you money. Or, if you just want to know how much your home is worth, then any registered real estate agent can give you a good understanding of what price you could get for your property, both for sales and rent.
If you want to know the value of your Westmeadows home, request an appraisal today to speak to one of our experienced Property Consultants or Property Managers.
How do we appraise a property in Westmeadows?
- Recent property sales history in the Westmeadows district
- Location and the proximity to amenities
- Accessibility of schools and shops
- Comparison of market values
- Condition and size of the property
Want to know what your Westmeadows home is worth?
Recently Sold Properties in Westmeadows
Lifestyle in Westmeadows
Westmeadows is a Melbourne suburb located 17 kilometres north of Melbourne's central business district. The City of Hume is its local government area. Westmeadows has a population of 5,848 people according to the 2016 census. Westmeadows is mostly a residential neighbourhood that extends east and west of Mickleham Road. Neighbouring suburbs include Attwood, Gladstone Park and Jacana.
There are several sporting grounds in Westmeadows. Willowbrook Reserve, which is home to the Westmeadows Football Club and the Westmeadows Cricket Club, features an Australian Football oval. In the Westmeadows Reserve near Ardlie Street, there is another Australian Rules/Cricket oval (with nets). Another Cricket oval (with nets) and two Soccer fields may be found in Westmeadows Heights Reserve. The Westmeadows Tennis Club, which is also located in Willowbrook Reserve, offers six courts.
Schools in Westmeadows
There is 1 school in Westmeadows, as well as an array of other schools nearby in the surrounding suburbs.
Westmeadows Real Estate Agent Contact Details
Office: Gladstone Park
Phone: 03 9330 1088