With a capital gain of -3.65% for the last 12 months, Bentley, 6102 has performed for property investments than its average annual 1.87% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Bentley has given property investors a paper return of -2.06%. This puts Suburb as 253 on a list of fastest fasting appreciating suburbs in WA
Bentley6102 is located in WA which offers an average discount of -8.17% to property investors. Bentley itself is showing figures that indicate -10.34% is the average achievable by property buyers investing in the suburb.
Bentley is 261th on a list of best yielding suburbs for rents in WA with a 3.83% return
Property investors who have had real estate in Bentley, 6102 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -11.56%
Taking the average capital gain, or increase in median house value, Bentley,6102 has racked up an average of -11.56% over the period. This ranks it number 1702th in the whole country for real estate investors looking at median house price increases.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.73% offered to property buyers. Sellers in Bentley itself are offering an average vendor discount of -11.95% to real estate investors.
With the median price for a house in Bentley being $329000 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 5.06%
Bentley is situated 8km south-east of the Perth CBD, and is a top pick from Perth for its combination of affordability, rental yield and growth potential.Full summary
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Bentley is situated 8km south-east of the Perth CBD, and is a top pick from Perth for its combination of affordability, rental yield and growth potential.
As well as providing easy road and rail access to the Perth CBD and western beach suburbs, Bentley is home to the main campus of the Curtin University of Technology and a technology park. Access to the CBD is by rail or bus: the nearest train station is in neighbouring Welshpool, while bus and car access is via the Albany Highway. Access to Perth airport is also provided by the Leach Highway, which also runs westward to the coastal beaches.
The suburb has plentiful amenities, with a small shopping plaza on the corner of Albany Highway and Ashburton Street, and the lifestyle suburbs of Victoria Park and Kensington are also nearby. The presence of Bentley Hospital also provides further employment opportunities.
The suburb has a high proportion of students, thanks to the presence of Curtin University, Canning College and the Bentley campus of Swan TAFE. Many of these are international students, often from south-east Asia. Otherwise, the professions of residents are mixed, with both white-collar and blue-collar workers. The location is also favourable for fly-in, fly-out workers, due to the proximity to the airport. Bentley is also experiencing significant population growth, with SQM Research projecting a 4% annual increase over the next few years. This will inevitably put pressure on housing, and is likely to result in rental and capital growth.
Median unit prices are cheaper than neighbouring suburbs, and vacancy rates are very low.