Jolimont has had a A very good year for property investment returns compared to the rest of WA, giving investors a capital gain of 3.62% to date .
Over the longer term, Jolimont has seen property prices show investors a -7.82% return over the last 3 years. This is an improvement over the last 12 months
Our latest figures would indicate that property sellers in Jolimont are currently offering property investors an average price cut of -9.22% below the asking price at the moment.
At number 556 in a list of fastest selling suburbs, Jolimont is in the TOP 40% of suburbs in Australia with an average of days on market 67.13 for properties listed there.
A $290 per week rent on the median house gives suburb investors a gross yield of circa 4.01%, without taking into account capital value appreciation, which has been averaging out at 2.12%.