At number 3960th in the list of Australian suburbs ordered by increase in median house value over the last year, Waterford, 6152 is in the BOTTOM 10% with a property value increase of -13.97% recorded in median house prices.
Waterford,6152 has offered an average of -13.97% return per annum in house price rises to property investors over the last three years.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.04% offered to property buyers. Sellers in Waterford itself are offering an average vendor discount of -8.96% to real estate investors.
On average over the past year, suburb has had 1.92 sales per month, which equates to 23 per year.
Using the current median advertised rental of $455 and the average annual increase in value of a median property of 3.68%, investors should hope to achieve an overall return of 2.44%