Investment property in Watermans Bay has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -9.77%
Over the longer term, Watermans Bay has seen property prices show investors a -3.67% return over the last 3 years. This is worse than over the last 12 months
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 Watermans Bay, 6020. Typically our figures indicate that -4.82% is being offered, which puts this WA suburb at 2650th most discounted overall in Australia.
In the last year 25 properties changed hands in Watermans Bay, which puts it as the 332th most active market in WA when comparing the number of sales per suburb.
A $512.5 per week rent on the median house gives suburb investors a gross yield of circa 2.31%, without taking into account capital value appreciation, which has been averaging out at 2.47%.