Queens Park, 6107 ranked 309th in WA when comparing growth in median property values or capital gain over the last 12 months. Queens Park is one of 1662 in our list for WA
A 8.63% growth in median value for property investors in Queens Park,6107 puts this suburb at number 369th in terms of best performing suburbs in WA
LACK OF BUYER INTEREST may well be the reason that Queens Park is offering property investors an average of -8.24. This rate of discount on properties puts Suburb at number 67th in terms of most discounted suburbs in WA
In the last year 81 properties changed hands in Queens Park, which puts it as the 136th most active market in WA when comparing the number of sales per suburb.
Situated 9.88km from the CBD, Queens Park is one of Canning localities in the postcode 6107.
Property value increases in Queens Park have tracked close to the WA average of -4.49% over the last 12 months.
While Queens Park,6107 ranked number 63th in WA for increase in median house value (annualised) increase, it is ranked 78th over the last 5 years.
On average over the past year, suburb has had 1.33 sales per month, which equates to 16 per year.
Ray White Cannington principal Michael Smart says the area offers some of the largest blocks of land available within 11km of the CBD. “There are a lot of redevelopment opportunities within Queens Park, and it is attracting many mum and dad investors and first home buyers."Full summary
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Ray White Cannington principal Michael Smart says the area offers some of the largest blocks of land available within 11km of the CBD. “There are a lot of redevelopment opportunities within Queens Park, and is attracting many mums and dads investors and first home buyers. The area has good infrastructure and, for its location, it is good value.”
Smart says that with the recent amount of development in the area, the unit market is a little on the oversubscribed side, but that houses show good potential. “On the large blocks of land, demand from developers is good thanks to its close proximity to the CBD.”
Best street(s): Bargain hunters can find some of the cheapest properties along Reginald St, Dora St or Whitlock Road, while the more expensive houses are located along Treasure Road and Dowley Ct.