WA has seen average median house prices change by -3.83% which means that North Beach, 6020 has not done well for property investors by showing a capital gain of 23.53% over the last year
The five-year average increase in median property values for North Beach,6020 has given property investors a potential capital gain of 11.17% across each of those five years.
North Beach, 6020 is offering WA ‘s 30th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this WA.
If you compare the increase in value of investment property in North Beach, 6020 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this WA suburb was 22.55%.
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 North Beach, 6020. Typically our figures indicate that -4.53% is being offered, which puts this WA suburb at 898th most discounted overall in Australia.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 2.91%, without taking into account capital value appreciation, which has been averaging out at 4.25%.