Carlisle has had a quite poor year for property investment returns compared to the rest of WA, giving investors a capital gain of -5.67% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Carlisle comes in at number 203th in WA.
Carlisle, 6101 is offering WA ‘s 154th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this WA.
With the median price for a house in Carlisle being $528250 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 3.74%
Carlisle, 6101 ranked 53th in WA when comparing growth in median property values or capital gain over the last 12 months. Carlisle is one of 1662 in our list for WA
Across a shorter period, Carlisle, 6101 has seen a median price increase of 3.33% over the last quarter.
Advertised rents are around the $360 mark per week – giving a return of 4.16% based on the median price in Suburb
Located just 6km southeast of Perth, the suburb of Carlisle is becoming a hit with professionals and retirees.Full summary
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Located just 6km southeast of Perth, the suburb of Carlisle is becoming a hit with professionals and retirees.Close
According to Kim Findlay, director of Grange Realty Group, its proximity to train lines and the CBD makes it a desirable place to live.
“It’s almost an inner CBD extension,” he explains.
"There are a lot of professionals living here because Carlisle is close to the city. For the many students in the area, its proximity to universities is a factor. For retirees, the café strip lifestyle is attractive.”
Historically, Carlisle was dominated by tenants. “But it’s changing now,” says Findlay.
“A growing number of owner-occupiers are taking advantage of the affordable prices currently. There are fewer investors than before because Perth is experiencing a downturn at the moment, and rents have dropped. But I believe it’s just a phase,” he says.
The suburb enjoys a range of amenities, including a vibrant café strip and a sports stadium.
The West Coast Eagles is also relocating its sports club to Carlisle.
“Carlisle is going through a transformation at the moment,” says Findlay.
“The Victoria Park café strip is being redeveloped, and the Crown entertainment strip is being upgraded."
The best buys, according to Findlay, are threebedroom, two-bathroom houses.
“These homes are built on 1,000sq m pieces of land. Most blocks can accommodate about three properties each,” he says.