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Werribee South

POSTAL CODE: VIC, 3030
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Figures from the previous quarter show that capital gains for real estate buyers in WERRIBEE SOUTH are low, as opposed to average gains per annum over the past five years.

This number can mean, real estate investors could earn a rental income of $580 based on current median home prices for the suburb.

On average, rents on listings have reached the $580 mark, reflecting a 3.55% increase in returns based on the current median price in WERRIBEE SOUTH.

WERRIBEE SOUTH, 3030 ranks 618th in VIC in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 299th on the list of best yielding suburbs for rental properties in VIC, posting a 3.55% return.

Surburb overview

Werribee South, located approximately 32 kilometres southwest of Melbourne's Central Business District, is a suburb within the City of Wyndham local government area. According to the 2021 Census, it has a population of 2,392 residents. 

The suburb's demographic profile is diverse. While 57.7% of residents were born in Australia, significant communities originate from India (7.7%), Italy (2.7%), New Zealand (2.6%), and England (2.5%). Languages spoken at home reflect this diversity, with 62.1% speaking only English, followed by Italian (5.3%), Greek (3.5%), and Mandarin (2.2%). Religious affiliations include Catholicism (35.1%), no religion (24.4%), and Anglicanism (8.1%). 

Public transportation in Werribee South is primarily serviced by bus routes connecting to the Werribee railway station. Route 439 operates between Werribee Station and Werribee South via Werribee Park Mansion, providing residents access to train services to Melbourne's CBD and surrounding areas. 

Werribee South hosts essential establishments catering to daily needs. The suburb features local shops, cafes, and restaurants along the waterfront area. For healthcare, residents have access to nearby facilities, including the Werribee Mercy Hospital and various medical clinics in the surrounding areas. 

Recreational opportunities abound in Werribee South. The suburb has several parks and open spaces, such as the Werribee South Foreshore, providing areas for outdoor activities and community events. The nearby Werribee Park Precinct offers attractions like the Werribee Open Range Zoo, Werribee Park Mansion, and the Victoria State Rose Garden, contributing to the suburb's recreational amenities. 

Werribee South's combination of cultural diversity, accessible public transport, essential services, and recreational facilities contributes to its appeal as a residential suburb within Melbourne's western region. 

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