With a capital gain of -9.80% for the last 12 months, Myaree, 6154 has performed for property investments than its average annual 5.61% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Myaree has given property investors a paper return of -2.71%. This puts Suburb as 301 on a list of fastest fasting appreciating suburbs in WA
Property investors looking for a bargain in Myaree should be aiming for at least -5.61% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $425 and the average annual increase in value of a median property of 5.61%, investors should hope to achieve an overall return of 3.25%
Giving property investors a a poor capital gain of -10.84% for the last year, Myaree, 6154 is the 1586th highest performer in Australia in this respect.
The most recent median price for Myaree is $370000, with sellers offering an average of -8.55% off the asking price.