Piara Waters has had a pretty average year for property investment returns compared to the rest of WA, giving investors a capital gain of -4.59% to date .
While Piara Waters,6112 ranked number 138th in WA for increase in median house value (annualised) increase, it is ranked 23th over the last 5 years.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.26% offered to property buyers. Sellers in Piara Waters itself are offering an average vendor discount of -6.39% to real estate investors.
The WA suburb of Piara Waters, 6112 is in the Armadale local government area.