Subiaco, 6008 ranked 228th in WA when comparing growth in median property values or capital gain over the last 12 months. Subiaco is one of 1662 in our list for WA
When looking at the potential capital gains offered to property investors over the last 3 years, Subiaco comes in at number 127th in WA.
Vendor discounting in Subiaco is giving property investors an average Vendor Discount of around -6.25%. This puts suburb at number 332th in WA when ranking the most discounted suburbs.
Subiaco is 335th on a list of best yielding suburbs for rents in WA with a 3.13% return
At number 1563th in the list of Australian suburbs ordered by increase in median house value over the last year, Subiaco, 6008 is in the BOTTOM 10% with a property value increase of -11.21% recorded in median house prices.
Subiaco,6008 has offered an average of -11.21% return per annum in house price rises to property investors over the last three years.
At number 55th of WA’s most discounted properties, Subiaco is in the middle of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 10.58 sales per month, which equates to 127 per year.
Property investors should expect to get $420 weekly from the median priced house in this suburb.
‘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.