If you compare the increase in value of investment property in Edgewater, 6027 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -3.38%.
The five-year average increase in median property values for Edgewater,6027 has given property investors a potential capital gain of 18.41% across each of those five years.
Property investors looking for a bargain in Edgewater should be aiming for at least -6.24% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Edgewater being $558000 and the advertised rent reaching $402.5 the gross rental yield for property investors calculates out to be 3.75%