At number 525th in the list of Australian suburbs ordered by increase in median house value over the last year, Salter Point, 6152 is in the top 20% with a property value increase of 18.72% recorded in median house prices.
Over the longer term, Salter Point has seen property prices show investors a 0.42% return over the last 3 years. This is an improvement over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Salter Point, 6152. Typically our figures indicate that -12.08% is being offered, which puts this WA suburb at 127th most discounted overall in Australia.
A $600 per week rent on the median house gives suburb investors a gross yield of circa 2.59%, without taking into account capital value appreciation, which has been averaging out at 2.15%.