If you compare the increase in value of investment property in Booragoon, 6154 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -1.73%.
When looking at the potential capital gains offered to property investors over the last 3 years, Booragoon comes in at number 128th in WA.
At number 149th of WA’s most discounted properties, Booragoon is in the bottom 40% of the state/territory when listing in order of most discounted to least.
A $490 per week rent on the median house gives suburb investors a gross yield of circa 2.99%, without taking into account capital value appreciation, which has been averaging out at 2.70%.
Booragoon is in the TOP 30% in WA when comparing median price capital growth over the last year. Booragoon gave property investors a good capital gain figure when compared to the rest of the state, with -0.47%.
A 2.93% growth in median value for property investors in Booragoon,6154 puts this suburb at number 91th in terms of best performing suburbs in WA
Booragoon6154 is located in WA which offers an average discount of -8.85% to property investors. Booragoon itself is showing figures that indicate -5.87% is the average achievable by property buyers investing in the suburb.
Property investors should expect to get $350 weekly from the median priced house in this suburb.