Shelley is in the TOP 10% in WA when comparing median price capital growth over the last year. Shelley gave property investors a very good capital gain figure when compared to the rest of the state, with 12.57%.
Comparing Shelley,6148 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Shelley is offering property investors an average of -8.25. This rate of discount on properties puts Suburb at number 115th in terms of most discounted suburbs in WA
A $385 per week rent on the median house gives suburb investors a gross yield of circa 2.13%, without taking into account capital value appreciation, which has been averaging out at 5.54%.