Property value increases in Applecross have tracked higher than the WA average of -2.82% over the last 12 months.
Applecross,6153 was ranked 229 in Australia by increase in median property value over the quarter.
Property buyers and investors in Applecross 6153 should be seeing an average reduction in asking price of around -9.75% . This means that Applecross is holding prices well when compared to other suburbs in WA.
Advertised rents are around the $599 mark per week – giving a return of 2.03% based on the median price in Suburb
Property value increases in Applecross have tracked just higher than the WA average of -5.01% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Applecross has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -9.41% to buyers in Applecross at the moment, which is less than average for the rest of WA.
Often selling an investment property can take time, and in Applecross the average time real estate has been on the market is 131.4 days.