WA has seen average median house prices change by -5.20% which means that Waterford, 6152 has not done well for property investors by showing a capital gain of -26.89% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Waterford has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Waterford is offering property investors an average of -8.26. This rate of discount on properties puts Suburb at number 52th in terms of most discounted suburbs in WA
Using the current median advertised rental of $385 and the average annual increase in value of a median property of 1.81%, investors should hope to achieve an overall return of 2.41%