Giving property investors a a poor capital gain of -6.20% for the last year, Applecross, 6153 is the 3563th highest performer in Australia in this respect.
Applecross,6153 was ranked 3863 in Australia by increase in median property value over the quarter.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.21% offered to property buyers. Sellers in Applecross itself are offering an average vendor discount of -10.12% to real estate investors.
Often selling an investment property can take time, and in Applecross the average time real estate has been on the market is 104.26 days.
Using the current median advertised rental of $650 and the average annual increase in value of a median property of 2.63%, investors should hope to achieve an overall return of 2.54%
Applecross has had a pretty good year for property investment returns compared to the rest of WA, giving investors a capital gain of 2.52% to date .
If we look at median property appreciation over just the last three months, Applecross has given property investors a paper return of -2.40%. This puts Suburb as 64 on a list of fastest fasting appreciating suburbs in WA
The most recent median price for Applecross is $610000, with sellers offering an average of -10.38% off the asking price.