With a capital gain of -0.91% for the last 12 months, Osborne Park, 6017 has performed for property investments than its average annual 1.53% property growth over the last 5 years.
Comparing Osborne Park,6017 ‘s 5year and quarterly average capital gain offered to property investors, it performed the same across the longer period
Property buyers and investors in Osborne Park 6017 should be seeing an average reduction in asking price of around -6.84% . This means that Osborne Park is holding prices well when compared to other suburbs in WA.
Often selling an investment property can take time, and in Osborne Park the average time real estate has been on the market is 86.43 days.
Using the current median advertised rental of $375 and the average annual increase in value of a median property of 1.53%, investors should hope to achieve an overall return of 4.00%
Property value increases in Osborne Park have tracked just lower than the WA average of -4.19% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Osborne Park has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Osborne Park is offering property investors an average of -8.73. This rate of discount on properties puts Suburb at number 38th in terms of most discounted suburbs in WA
Using the current median advertised rental of $270 and the average annual increase in value of a median property of 0.87%, investors should hope to achieve an overall return of 4.53%