Property investors who have had real estate in Bentley, 6102 should be relatively 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 -0.62%
Across a shorter period, Bentley, 6102 has seen a median price increase of -3.03% over the last quarter.
Property buyers and investors in Bentley 6102 should be seeing an average reduction in asking price of around -9.05% . This means that Bentley is holding prices well when compared to other suburbs in WA.
At number 2596 in a list of fastest selling suburbs, Bentley is in the bottom 40% of suburbs in Australia with an average of days on market 97.02 for properties listed there.
The WA suburb of Bentley, 6102 is in the Canning local government area.
WA has seen average median house prices change by -4.49% which means that Bentley, 6102 has not done well for property investors by showing a capital gain of -16.72% over the last year
While Bentley,6102 ranked number 59th in WA for increase in median house value (annualised) increase, it is ranked 83th over the last 5 years.
Property buyers and investors in Bentley 6102 should be seeing an average reduction in asking price of around -12.96% . This means that Bentley is holding prices well when compared to other suburbs in WA.
With the median price for a house in Bentley being $310000 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 5.37%
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.