If you compare the increase in value of investment property in Myaree, 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 2.14%.
While Myaree,6154 ranked number 108th in WA for increase in median house value (annualised) increase, it is ranked 96th over the last 5 years.
Property investors looking for a bargain in Myaree should be aiming for at least -6.10% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Myaree the average time real estate has been on the market is 60 days.
Advertised rents are around the $450 mark per week – giving a return of 3.32% based on the median price in Suburb