Bentley has had a pretty average year for property investment returns compared to the rest of WA, giving investors a capital gain of -4.17% to date .
Bentley,6102 has offered an average of -4.17% return per annum in house price rises to property investors over the last three years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Bentley, 6102. Typically our figures indicate that -7.96% is being offered, which puts this WA suburb at 802th most discounted overall in Australia.
At number 2276 in a list of fastest selling suburbs, Bentley is in the bottom 40% of suburbs in Australia with an average of days on market 90.09 for properties listed there.
A $395 per week rent on the median house gives suburb investors a gross yield of circa 4.11%, without taking into account capital value appreciation, which has been averaging out at 5.12%.
With a capital gain of -3.31% for the last 12 months, Bentley, 6102 has performed for property investments than its average annual 2.87% property growth over the last 5 years.
Bentley6102 is located in WA which offers an average discount of -7.57% to property investors. Bentley itself is showing figures that indicate -6.84% is the average achievable by property buyers investing in the suburb.
Property investors should expect to get $350 weekly from the median priced house in this suburb.
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
Information supplied by:
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.