Wattle Grove has had a pretty average year for property investment returns compared to the rest of WA, giving investors a capital gain of -5.30% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Wattle Grove has increased when compared to the 5 year average annual rate.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.21% offered to property buyers. Sellers in Wattle Grove itself are offering an average vendor discount of -6.49% to real estate investors.
Advertised rents are around the $450 mark per week – giving a return of 4.33% based on the median price in Suburb