Property investors who have had real estate in Ardross, 6153 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.27%
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.
At number 80th of WA’s most discounted properties, Ardross is in the bottom 20% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $495 and the average annual increase in value of a median property of 3.12%, investors should hope to achieve an overall return of 2.68%