Viveash has had a A very good year for property investment returns compared to the rest of WA, giving investors a capital gain of 4.95% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Viveash comes in at number 21th in WA.
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 Viveash itself are offering an average vendor discount of -8.98% to real estate investors.
In the last year 17 properties changed hands in Viveash, which puts it as the 375th most active market in WA when comparing the number of sales per suburb.
Using the current median advertised rental of $475 and the average annual increase in value of a median property of 2.80%, investors should hope to achieve an overall return of 4.66%