Investment property in Viveash has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.65%
When looking at the potential capital gains offered to property investors over the last 3 years, Viveash comes in at number 19th in WA.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.25% offered to property buyers. Sellers in Viveash itself are offering an average vendor discount of -7.26% to real estate investors.
With the median price for a house in Viveash being $540000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 3.85%