If you compare the increase in value of investment property in Madeley, 6065 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -12.32%.
Comparing Madeley,6065 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Madeley 6065 should be seeing an average reduction in asking price of around -7.01% . This means that Madeley is holding prices well when compared to other suburbs in WA.
Around 20km to the north of Perth’s CBD, Madeley has proved to be one of the stronger performers in the Western Australia capital over recent years.Full summary
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Around 20km to the north of Perth’s CBD, Madeley has proved to be one of the stronger performers in the Western Australia capital over recent years.Close
The median house price in Madeley currently sits at $660,000, after a solid five-year period that has seen it increase by 22%.
As a result, houses in the suburb have proved to be a relatively hot commodity, with 97 selling in the past 12 months.
They are staying on the market for an average of 83 days however, which means vendors are willing to offer discounts of 5% to help see sales through.
The median weekly rent in Madeley of $480 means landlords are currently seeing rental yields of 4%.
Landlords are unlikely to have too much trouble finding a tenant, with Real Estate Investar putting the suburb’s current vacancy rate at 1.54%.