If you compare the increase in value of investment property in Hammond Park, 6164 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -9.35%.
While Hammond Park,6164 ranked number 191th in WA for increase in median house value (annualised) increase, it is ranked 91th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Hammond Park is offering property investors an average of -8.25. This rate of discount on properties puts Suburb at number 158th in terms of most discounted suburbs in WA
Advertised rents are around the $420 mark per week – giving a return of 4.19% based on the median price in Suburb