Giving property investors a a poor capital gain of -4.08% for the last year, Subiaco, 6008 is the 3427th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Subiaco comes in at number 270th in WA.
At number 72th of WA’s most discounted properties, Subiaco is in the bottom 20% of the state/territory when listing in order of most discounted to least.
A $700 per week rent on the median house gives suburb investors a gross yield of circa 3.10%, without taking into account capital value appreciation, which has been averaging out at 1.73%.
If you compare the increase in value of investment property in Subiaco, 6008 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -14.17%.
Over the longer term, Subiaco has seen property prices show investors a -19.53% return over the last 3 years. This is an improvement over the last 12 months
Vendor discounting in Subiaco is giving property investors an average Vendor Discount of around -9.15%. This puts suburb at number 33th in WA when ranking the most discounted suburbs.
Subiaco is 79th on a list of best yielding suburbs for rents in WA with a 4.24% return
‘Subi’, as many locals affectionately call it, is one of Perth’s most densely populated areas, and is right on the western edge of the CBD.Full summary
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‘Subi’, as many locals affectionately call it, is one of Perth’s most densely populated areas, and is right on the western edge of the CBD.Close
It’s a trendy suburb with a strong appeal to students and young professionals as well as growing families.
The suburb’s mainstay, Rokeby Street, offers a broad range of shopping amenities, while Perth’s iconic Kings Park directly borders Subiaco to the southeast.
Surprisingly, there remain more detached houses than apartments in Subiaco (34%), though this is expected to change as Perth embraces high-density living.
But being fairly built up already, the pace of high development should be kept in check.
While Subiaco’s median house values fell by 1% over the past 12 months, this drop is relatively small compared to Perth’s broader price performance.
OnTheHouse.com.au remains bullish about Subiaco’s prospects, forecasting 6% growth each year over the next eight years for houses, which would take the median value to $2,008,000.