If you compare the increase in value of investment property in Herne Hill, 6056 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -2.98%.
Over the longer term, Herne Hill has seen property prices show investors a -10.44% return over the last 3 years. This is an improvement over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Herne Hill, 6056. Typically our figures indicate that -10.86% is being offered, which puts this WA suburb at 248th most discounted overall in Australia.
Advertised rents are around the $390 mark per week – giving a return of 4.98% based on the median price in Suburb