Property investors who have had real estate in Myaree, 6154 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 -8.82%
Taking the average capital gain, or increase in median house value, Myaree,6154 has racked up an average of -8.82% over the period. This ranks it number 3105th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Myaree is giving property investors an average Vendor Discount of around -5.26%. This puts suburb at number 381th in WA when ranking the most discounted suburbs.
Situated 10.47km from the CBD, Myaree is one of Melville localities in the postcode 6154.
Myaree has had a pretty good year for property investment returns compared to the rest of WA, giving investors a capital gain of -0.36% to date .
While Myaree,6154 ranked number 53th in WA for increase in median house value (annualised) increase, it is ranked 85th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Myaree is offering property investors an average of -7.52. This rate of discount on properties puts Suburb at number 28th in terms of most discounted suburbs in WA
At number 1213 in a list of fastest selling suburbs, Myaree is in the bottom 20% of suburbs in Australia with an average of days on market 104.66 for properties listed there.