Property investors who have had real estate in Menora, 6050 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 -11.93%
While Menora,6050 ranked number 416th in WA for increase in median house value (annualised) increase, it is ranked 327th over the last 5 years.
The most recent median price for Menora is $960000, with sellers offering an average of -8.06% off the asking price.
Often selling an investment property can take time, and in Menora the average time real estate has been on the market is 63 days.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 2.44%, without taking into account capital value appreciation, which has been averaging out at 0.93%.