Property investors who have had real estate in Herne Hill, 6056 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 -6.51%
Taking the average capital gain, or increase in median house value, Herne Hill,6056 has racked up an average of -6.51% over the period. This ranks it number 3990th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Herne Hill 6056 should be seeing an average reduction in asking price of around -12.94% . This means that Herne Hill is holding prices well when compared to other suburbs in WA.
Using the current median advertised rental of $392.5 and the average annual increase in value of a median property of -4.01%, investors should hope to achieve an overall return of 5.17%