WA has seen average median house prices change by -4.17% which means that Midvale, 6056 has not done well for property investors by showing a capital gain of -2.53% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Midvale has increased when compared to the 5 year average annual rate.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.23% offered to property buyers. Sellers in Midvale itself are offering an average vendor discount of -7.71% to real estate investors.
With the median price for a house in Midvale being $385000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 4.05%