Investment property in Hillarys 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 -4.19%
The five-year average increase in median property values for Hillarys,6025 has given property investors a potential capital gain of 10.34% across each of those five years.
Sellers are offering property buyers an average discount of -6.69% to buyers in Hillarys at the moment, which is less than average for the rest of WA.
Renters in Suburb are facing rents around $6000 per annum or $500 every week.
Northern beaches location with beautiful white beaches, Iconic Hillarys Boat harbour with 5 million visitors per annum, great schools, shopping centres, transport, easy commute to the city yet offering a relaxed coastal lifestyle with fantastic boating and fishing.Full summary
Information supplied by:
Peard Real Estate
Hillarys, 6025 ranked 154th in WA when comparing growth in median property values or capital gain over the last 12 months. Hillarys is one of 1662 in our list for WA
When looking at the potential capital gains offered to property investors over the last 3 years, Hillarys comes in at number 133th in WA.
Property buyers and investors in Hillarys 6025 should be seeing an average reduction in asking price of around -9.11% . This means that Hillarys is holding prices well when compared to other suburbs in WA.
A $700 per week rent on the median house gives suburb investors a gross yield of circa 4.52%, without taking into account capital value appreciation, which has been averaging out at 9.21%.
Northern beaches location with beautiful white beaches, Iconic Hillarys Boat harbour with 5 million visitors per annum, great schools, shopping centres, transport, easy commute to the city yet offering a relaxed coastal lifestyle with fantastic boating and fishing.
Selling points: Safe family lifestyle
Most sought-after properties: affordable $500,000 homes all the way through to multimillion dollar luxurious beachfront mansions
Public transport: Connecting buses to local Whitfords Train Station
Main arteries: Whitfords Avenue Marmion Avenue Hepburn Avenue