Hillarys has had a pretty average year for property investment returns compared to the rest of WA, giving investors a capital gain of -3.35% to date .
Comparing Hillarys,6025 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Hillarys is $807000, with sellers offering an average of -6.55% off the asking price.
Often selling an investment property can take time, and in Hillarys the average time real estate has been on the market is 82.12 days.
Using the current median advertised rental of $495 and the average annual increase in value of a median property of 1.07%, investors should hope to achieve an overall return of 3.19%
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