Investment property in Bentley has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.10%
Bentley,6102 was ranked 3366 in Australia by increase in median property value over the quarter.
Bentley, 6102 is offering WA ‘s 235th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this WA.
At number 1991 in a list of fastest selling suburbs, Bentley is just in the bottom half of suburbs in Australia with an average of days on market 84.26 for properties listed there.
Situated 8.12km from the CBD, Bentley is one of Canning localities in the postcode 6102.
Bentley has had a pretty average year for property investment returns compared to the rest of WA, giving investors a capital gain of -2.01% to date .
Comparing Bentley,6102 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Bentley 6102 should be seeing an average reduction in asking price of around -7.07% . This means that Bentley is holding prices well when compared to other suburbs in WA.
At number 483 in a list of fastest selling suburbs, Bentley is in the TOP 40% of suburbs in Australia with an average of days on market 64.85 for properties listed there.
Property investors should expect to get $330 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
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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.