Property value increases in Churchlands have tracked higher than the WA average of -4.91% over the last 12 months.
Comparing Churchlands,6018 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Churchlands should be aiming for at least -5.19% off the asking price, which is the average vendor discount being achieved at the moment.
At number 631 in a list of fastest selling suburbs, Churchlands is in the TOP 20% of suburbs in Australia with an average of days on market 51.24 for properties listed there.
Using the current median advertised rental of $800 and the average annual increase in value of a median property of 4.96%, investors should hope to achieve an overall return of 3.04%
With a capital gain of -14.84% for the last 12 months, Churchlands, 6018 has performed for property investments than its average annual 4.93% property growth over the last 5 years.
Churchlands,6018 has offered an average of -14.84% return per annum in house price rises to property investors over the last three years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Churchlands, 6018. Typically our figures indicate that -7.66% is being offered, which puts this WA suburb at 187th most discounted overall in Australia.
Often selling an investment property can take time, and in Churchlands the average time real estate has been on the market is 78.71 days.
With the median price for a house in Churchlands being $387500 and the advertised rent reaching $345 the gross rental yield for property investors calculates out to be 4.63%