Kelmscott, 6111 ranked 275th in WA when comparing growth in median property values or capital gain over the last 12 months. Kelmscott is one of 1662 in our list for WA
Taking the average capital gain, or increase in median house value, Kelmscott,6111 has racked up an average of -6.61% over the period. This ranks it number 3306th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Kelmscott is giving property investors an average Vendor Discount of around -6.67%. This puts suburb at number 306th in WA when ranking the most discounted suburbs.
A $300 per week rent on the median house gives suburb investors a gross yield of circa 4.33%, without taking into account capital value appreciation, which has been averaging out at 1.37%.
With a capital gain of -8.87% for the last 12 months, Kelmscott, 6111 has performed for property investments than its average annual 2.49% property growth over the last 5 years.
A 1.35% growth in median value for property investors in Kelmscott,6111 puts this suburb at number 41th in terms of best performing suburbs in WA
Property investors looking for a bargain in Kelmscott should be aiming for at least -9.35% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $270 mark per week – giving a return of 4.97% based on the median price in Suburb