Property investors who have had real estate in Nollamara, 6061 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -7.81%
Nollamara,6061 has offered an average of -7.81% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Nollamara is giving property investors an average Vendor Discount of around -8.72%. This puts suburb at number 122th in WA when ranking the most discounted suburbs.
On average over the past year, suburb has had 18.42 sales per month, which equates to 221 per year.
Nollamara, 6061’s gross rental yield is 4.47%
At number 1416th in the list of Australian suburbs ordered by increase in median house value over the last year, Nollamara, 6061 is in the BOTTOM 20% with a property value increase of -5.56% recorded in median house prices.
A -7.48% growth in median value for property investors in Nollamara,6061 puts this suburb at number 61th in terms of best performing suburbs in WA
LACK OF BUYER INTEREST may well be the reason that Nollamara is offering property investors an average of -8.71. This rate of discount on properties puts Suburb at number 2nd in terms of most discounted suburbs in WA
Often selling an investment property can take time, and in Nollamara the average time real estate has been on the market is 142.38 days.