Property value increases in Queens Park have tracked close to the WA average of -4.17% over the last 12 months.
Queens Park,6107 has offered an average of -5.07% return per annum in house price rises to property investors over the last three years.
At number 85th of WA’s most discounted properties, Queens Park is in the bottom 30% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Queens Park the average time real estate has been on the market is 87.63 days.
Queens Park, 6107’s gross rental yield is 4.20%
Queens Park is in the bottom 30% in WA when comparing median price capital growth over the last year. Queens Park gave property investors a disappointing capital gain figure when compared to the rest of the state, with -11.76%.
The five-year average increase in median property values for Queens Park,6107 has given property investors a potential capital gain of -11.76% across each of those five years.
Queens Park, 6107 is offering WA ‘s 100th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this WA.
Queens Park, 6107’s gross rental yield is 5.37%
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.