Balcatta, 6021 ranked 214th in WA when comparing growth in median property values or capital gain over the last 12 months. Balcatta is one of 1662 in our list for WA
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Balcatta has increased when compared to the 5 year average annual rate.
Vendor discounting in Balcatta is giving property investors an average Vendor Discount of around -7.06%. This puts suburb at number 257th in WA when ranking the most discounted suburbs.
Situated 8.88km from the CBD, Balcatta is one of Stirling localities in the postcode 6021.
Investment property in Balcatta 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 -10.80%
Taking the average capital gain, or increase in median house value, Balcatta,6021 has racked up an average of -10.80% over the period. This ranks it number 1629th in the whole country for real estate investors looking at median house price increases.
At number 64th of WA’s most discounted properties, Balcatta is in the TOP 40% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Balcatta have been waiting around 112.15 days to sell a property.
Advertised rents are around the $340 mark per week – giving a return of 4.81% based on the median price in Suburb