Wesburn VIC 3799

Here you can find what you need to know about Wesburn, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$473k Median Sale Price (National Average $485k) 662nd In VIC
3.85% Median Price Change (1 yr) (National Average 4.30%) 605th In VIC
$340pw Median Rent (National Average $395) 749th In VIC
3.7% Median Gross Yield (National Average 4.24%) 507th In VIC
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Properties sold 12
Average discounting -22.34%
Average Days on Market 21
Stock on Market 5 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Wesburn, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Wesburn, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Wesburn, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Wesburn


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State Auction Clearance Rates - March 2019

Auctions Clearance rate
VIC 820 57%
ACT 62 53%
NSW 506 62%
NT 12 56%
QLD 121 34%
SA 113 51%
TAS 5 33%
WA 42 47%

Local Schools


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Suburb Information

Wesburn, VIC 3799

Part of: Yarra Ranges Council No data available

The size of Wesburn is approximately 40.9 square kilometres. It has 10 parks covering nearly 59.6% of total area. The population of Wesburn in 2011 was 1,178 people. By 2016 the population was 1,007 showing a population decline of 14.5% in the area during that time. The predominant age group in Wesburn is 10-19 years. Households in Wesburn are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Wesburn work in a trades occupation. In 2011, 83.2% of the homes in Wesburn were owner-occupied compared with 83.9% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Wesburn

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Wesburn   for Houses in last 12 months


There have been 11 Houses sold in Wesburn in the past 12 months with a median sale price of $475K, up 3.83% annually. It takes on average 35 days to sell with vendor discounting of -6.63%.

Streets in Wesburn


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Metung VIC, 3904 6.83% $371,250 $340pw 4.8% View Suburb Profile