Giving property investors a a poor capital gain of -5.63% for the last year, Mount Pleasant, 6153 is the 3650th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mount Pleasant has increased when compared to the 5 year average annual rate.
Mount Pleasant, 6153 is offering WA ‘s 156th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this WA.
Advertised rents are around the $500 mark per week – giving a return of 2.39% based on the median price in Suburb
Over the last year, property investments in Mount Pleasant, 6153 have given investors a capital gain of 20.97%. This compares very favourably with the -4.49% for WA as a whole.
The five-year average increase in median property values for Mount Pleasant,6153 has given property investors a potential capital gain of 18.79% across each of those five years.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.65% offered to property buyers. Sellers in Mount Pleasant itself are offering an average vendor discount of -10.20% to real estate investors.
At number 1213 in a list of fastest selling suburbs, Mount Pleasant is in the bottom 20% of suburbs in Australia with an average of days on market 106.58 for properties listed there.
Renters in Suburb are facing rents around $4920 per annum or $410 every week.