Girrawheen is in the bottom 20% in WA when comparing median price capital growth over the last year. Girrawheen gave property investors a dismal capital gain figure when compared to the rest of the state, with -9.49%.
The five-year average increase in median property values for Girrawheen,6064 has given property investors a potential capital gain of 11.72% across each of those five years.
Girrawheen, 6064 is offering WA ‘s 53th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this WA.
Advertised rents are around the $300 mark per week – giving a return of 4.36% based on the median price in Suburb
Property value increases in Girrawheen have tracked close to the WA average of -4.86% over the last 12 months.
Taking the average capital gain, or increase in median house value, Girrawheen,6064 has racked up an average of -3.39% over the period. This ranks it number 1557th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Girrawheen is offering property investors an average of -8.71. This rate of discount on properties puts Suburb at number 86th in terms of most discounted suburbs in WA
Using the current median advertised rental of $290 and the average annual increase in value of a median property of 0.12%, investors should hope to achieve an overall return of 5.29%