Over the last year, property investments in Roleystone, 6111 have given investors a capital gain of -2.65%. This compares favourably with the -4.46% for WA as a whole.
Roleystone,6111 was ranked 3334 in Australia by increase in median property value over the quarter.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.25% offered to property buyers. Sellers in Roleystone itself are offering an average vendor discount of -6.52% to real estate investors.
In the last year 112 properties changed hands in Roleystone, which puts it as the 87th most active market in WA when comparing the number of sales per suburb.
Using the current median advertised rental of $430 and the average annual increase in value of a median property of 2.65%, investors should hope to achieve an overall return of 4.07%