Investment property in Mount Helena has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 16.24%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mount Helena has increased when compared to the 5 year average annual rate.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.15% offered to property buyers. Sellers in Mount Helena itself are offering an average vendor discount of -6.20% to real estate investors.
At number 2535 in a list of fastest selling suburbs, Mount Helena is in the bottom 40% of suburbs in Australia with an average of days on market 92.21 for properties listed there.
Mount Helena is 189th on a list of best yielding suburbs for rents in WA with a 4.18% return