If you compare the increase in value of investment property in Westminster, 6061 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -4.64%.
Taking the average capital gain, or increase in median house value, Westminster,6061 has racked up an average of -4.64% over the period. This ranks it number 3219th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Westminster are currently offering property investors an average price cut of -8.04% below the asking price at the moment.
Residents and property investors in Westminster have been waiting around 98.92 days to sell a property.
Situated 9.62km from the CBD, Westminster is one of Stirling localities in the postcode 6061.
Westminster has had a pretty average year for property investment returns compared to the rest of WA, giving investors a capital gain of -5.67% to date .
LACK OF BUYER INTEREST may well be the reason that Westminster is offering property investors an average of -7.58. This rate of discount on properties puts Suburb at number 83th in terms of most discounted suburbs in WA