Investment property in Balcatta has done pretty 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 -2.78%
Over the longer term, Balcatta has seen property prices show investors a -2.60% return over the last 3 years. This is worse than over the last 12 months
Balcatta6021 is located in WA which offers an average discount of -8.21% to property investors. Balcatta itself is showing figures that indicate -7.38% is the average achievable by property buyers investing in the suburb.
Balcatta, 6021’s gross rental yield is 3.76%
Property value increases in Balcatta have tracked lower than the WA average of -3.64% over the last 12 months.
Balcatta,6021 was ranked 1494 in Australia by increase in median property value over the quarter.
Balcatta, 6021 is offering WA ‘s 48th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this WA.
Balcatta is 37th on a list of best yielding suburbs for rents in WA with a 4.92% return