Over the last year, property investments in Mullaloo, 6027 have given investors a capital gain of -2.08%. This compares favourably with the -4.98% for WA as a whole.
Over the longer term, Mullaloo has seen property prices show investors a 1.95% return over the last 3 years. This is worse than over the last 12 months
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.21% offered to property buyers. Sellers in Mullaloo itself are offering an average vendor discount of -5.35% to real estate investors.
At number 1425 in a list of fastest selling suburbs, Mullaloo is in the TOP 40% of suburbs in Australia with an average of days on market 71.15 for properties listed there.
With the median price for a house in Mullaloo being $705000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 3.32%