If you compare the increase in value of investment property in Koongamia, 6056 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -12.33%.
Taking the average capital gain, or increase in median house value, Koongamia,6056 has racked up an average of -12.33% over the period. This ranks it number 3584th in the whole country for real estate investors looking at median house price increases.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.04% offered to property buyers. Sellers in Koongamia itself are offering an average vendor discount of -8.58% to real estate investors.
Using the current median advertised rental of $320 and the average annual increase in value of a median property of 5.20%, investors should hope to achieve an overall return of 5.20%