At number 3229th in the list of Australian suburbs ordered by increase in median house value over the last year, Edgewater, 6027 is in the BOTTOM 30% with a property value increase of -2.32% recorded in median house prices.
If we look at median property appreciation over just the last three months, Edgewater has given property investors a paper return of -1.84%. This puts Suburb as 271 on a list of fastest fasting appreciating suburbs in WA
At number 327th of WA’s most discounted properties, Edgewater is in the TOP 30% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $420 and the average annual increase in value of a median property of 2.93%, investors should hope to achieve an overall return of 3.99%