If you compare the increase in value of investment property in Kalamunda, 6076 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -11.02%.
Across a shorter period, Kalamunda, 6076 has seen a median price increase of -0.96% over the last quarter.
Property buyers and investors in Kalamunda 6076 should be seeing an average reduction in asking price of around -6.93% . This means that Kalamunda is holding prices well when compared to other suburbs in WA.
In the last year 101 properties changed hands in Kalamunda, which puts it as the 106th most active market in WA when comparing the number of sales per suburb.
The WA suburb of Kalamunda, 6076 is in the Kalamunda local government area.
Property investors who have had real estate in Kalamunda, 6076 should be relatively pleased with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 9.33%
Over the longer term, Kalamunda has seen property prices show investors a 1.61% return over the last 3 years. This is an improvement over the last 12 months
Using the current median advertised rental of $300 and the average annual increase in value of a median property of 1.93%, investors should hope to achieve an overall return of 3.80%