Over the last year, property investments in Nollamara, 6061 have given investors a capital gain of -7.87%. This compares badly with the -4.17% for WA as a whole.
Taking the average capital gain, or increase in median house value, Nollamara,6061 has racked up an average of -7.87% over the period. This ranks it number 3853th in the whole country for real estate investors looking at median house price increases.
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 Nollamara itself are offering an average vendor discount of -8.35% to real estate investors.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 4.44%, without taking into account capital value appreciation, which has been averaging out at 0.66%.
Giving property investors a a poor capital gain of -6.67% for the last year, Nollamara, 6061 is the 1465th highest performer in Australia in this respect.
Comparing Nollamara,6061 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
The most recent median price for Nollamara is $343000, with sellers offering an average of -11.93% off the asking price.
In the last year 53 properties changed hands in Nollamara, which puts it as the 27th most active market in WA when comparing the number of sales per suburb.
Advertised rents are around the $330 mark per week – giving a return of 5.00% based on the median price in Suburb