WA has seen average median house prices change by -5.20% which means that Watermans Bay, 6020 has not done well for property investors by showing a capital gain of -7.23% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Watermans Bay has increased when compared to the 5 year average annual rate.
Watermans Bay6020 is located in WA which offers an average discount of -8.26% to property investors. Watermans Bay itself is showing figures that indicate -6.46% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Watermans Bay being $1187500 and the advertised rent reaching $512.5 the gross rental yield for property investors calculates out to be 2.24%