If you compare the increase in value of investment property in Piara Waters, 6112 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -2.43%.
Taking the average capital gain, or increase in median house value, Piara Waters,6112 has racked up an average of -2.43% over the period. This ranks it number 3519th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Piara Waters is $522000, with sellers offering an average of -6.83% off the asking price.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 3.98%, without taking into account capital value appreciation, which has been averaging out at 9.45%.