Edgewater is an average performer in WA when comparing median price capital growth over the last year. Edgewater gave property investors a good capital gain figure when compared to the rest of the state, with -2.85%.
Taking the average capital gain, or increase in median house value, Edgewater,6027 has racked up an average of -2.85% over the period. This ranks it number 3268th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -6.24% to buyers in Edgewater at the moment, which is less than average for the rest of WA.
A $410 per week rent on the median house gives suburb investors a gross yield of circa 3.85%, without taking into account capital value appreciation, which has been averaging out at 3.14%.