Applecross has had a very poor year for property investment returns compared to the rest of WA, giving investors a capital gain of -13.36% to date .
Across a shorter period, Applecross, 6153 has seen a median price increase of -11.85% over the last quarter.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.26% offered to property buyers. Sellers in Applecross itself are offering an average vendor discount of -10.64% to real estate investors.
A $600 per week rent on the median house gives suburb investors a gross yield of circa 2.47%, without taking into account capital value appreciation, which has been averaging out at 1.86%.
Applecross is in the TOP 20% in WA when comparing median price capital growth over the last year. Applecross gave property investors a very good capital gain figure when compared to the rest of the state, with 11.34%.
Taking the average capital gain, or increase in median house value, Applecross,6153 has racked up an average of 11.34% over the period. This ranks it number 815th in the whole country for real estate investors looking at median house price increases.
Applecross, 6153 is offering WA ‘s 4th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this WA.
At number 1420 in a list of fastest selling suburbs, Applecross is in the bottom 10% of suburbs in Australia with an average of days on market 140.9 for properties listed there.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 3.14%, without taking into account capital value appreciation, which has been averaging out at 3.17%.