Property investors who have had real estate in Two Rocks, 6037 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -14.17%
Two Rocks,6037 was ranked 2009 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Two Rocks is offering property investors an average of -8.21. This rate of discount on properties puts Suburb at number 420th in terms of most discounted suburbs in WA
A $310 per week rent on the median house gives suburb investors a gross yield of circa 4.43%, without taking into account capital value appreciation, which has been averaging out at 0.57%.