Armadale, 6112 ranked 326th in WA when comparing growth in median property values or capital gain over the last 12 months. Armadale is one of 1662 in our list for WA
The five-year average increase in median property values for Armadale,6112 has given property investors a potential capital gain of 3.68% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Armadale is offering property investors an average of -8.23. This rate of discount on properties puts Suburb at number 54th in terms of most discounted suburbs in WA
With the median price for a house in Armadale being $282000 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 5.16%
Armadale has had a very poor year for property investment returns compared to the rest of WA, giving investors a capital gain of -25.08% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Armadale has fallen somewhat when compared to the 5 year average annual rate.
Armadale6112 is located in WA which offers an average discount of -8.43% to property investors. Armadale itself is showing figures that indicate -10.07% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Armadale the average time real estate has been on the market is 118.12 days.
Armadale is 14th on a list of best yielding suburbs for rents in WA with a 5.80% return