At number 2866th in the list of Australian suburbs ordered by increase in median house value over the last year, Ardross, 6153 is in the BOTTOM 40% with a property value increase of -0.31% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ardross has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Ardross is offering property investors an average of -8.21. This rate of discount on properties puts Suburb at number 119th in terms of most discounted suburbs in WA
With the median price for a house in Ardross being $960000 and the advertised rent reaching $495 the gross rental yield for property investors calculates out to be 2.68%