At number 3298th in the list of Australian suburbs ordered by increase in median house value over the last year, Tuart Hill, 6060 is in the BOTTOM 30% with a property value increase of -2.68% recorded in median house prices.
Tuart Hill,6060 has offered an average of -2.68% return per annum in house price rises to property investors over the last three years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Tuart Hill, 6060. Typically our figures indicate that -6.75% is being offered, which puts this WA suburb at 1355th most discounted overall in Australia.
Often selling an investment property can take time, and in Tuart Hill the average time real estate has been on the market is 85.13 days.
A $380 per week rent on the median house gives suburb investors a gross yield of circa 3.63%, without taking into account capital value appreciation, which has been averaging out at 1.07%.
If you compare the increase in value of investment property in Tuart Hill, 6060 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -0.13%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Tuart Hill has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Tuart Hill are currently offering property investors an average price cut of -7.89% below the asking price at the moment.
Property investors should expect to get $295 weekly from the median priced house in this suburb.