WA has seen average median house prices change by -4.17% which means that Bentley, 6102 has not done well for property investors by showing a capital gain of -0.72% over the last year
Bentley,6102 has offered an average of -0.72% return per annum in house price rises to property investors over the last three years.
Bentley6102 is located in WA which offers an average discount of -8.23% to property investors. Bentley itself is showing figures that indicate -8.44% is the average achievable by property buyers investing in the suburb.
In the last year 63 properties changed hands in Bentley, which puts it as the 196th most active market in WA when comparing the number of sales per suburb.
With the median price for a house in Bentley being $482500 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 3.88%
Investment property in Bentley has done 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 -13.01%
A -10.27% growth in median value for property investors in Bentley,6102 puts this suburb at number 100th in terms of best performing suburbs in WA
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 -9.32% is being offered, which puts this WA suburb at 95th most discounted overall in Australia.
Bentley is 24th on a list of best yielding suburbs for rents in WA with a 5.24% return
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.