At number 3201th in the list of Australian suburbs ordered by increase in median house value over the last year, Hillarys, 6025 is in the BOTTOM 30% with a property value increase of -2.67% recorded in median house prices.
A 10.96% growth in median value for property investors in Hillarys,6025 puts this suburb at number 269th in terms of best performing suburbs in WA
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 Hillarys, 6025. Typically our figures indicate that -6.94% is being offered, which puts this WA suburb at 1306th most discounted overall in Australia.
With the median price for a house in Hillarys being $820000 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 3.17%
Property investors who have had real estate in Hillarys, 6025 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -9.76%
Over the longer term, Hillarys has seen property prices show investors a 1.93% return over the last 3 years. This is worse than over the last 12 months
State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.58% offered to property buyers. Sellers in Hillarys itself are offering an average vendor discount of -6.23% to real estate investors.
Hillarys is 64th on a list of best yielding suburbs for rents in WA with a 4.54% return
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