Over the last year, property investments in Parmelia, 6167 have given investors a capital gain of -10.45%. This compares very badly with the -4.17% for WA as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Parmelia has increased when compared to the 5 year average annual rate.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.23% offered to property buyers. Sellers in Parmelia itself are offering an average vendor discount of -9.11% to real estate investors.
At number 2835 in a list of fastest selling suburbs, Parmelia is in the bottom 30% of suburbs in Australia with an average of days on market 105.25 for properties listed there.
Advertised rents are around the $280 mark per week – giving a return of 5.30% based on the median price in Suburb