Shoalwater has had a pretty average year for property investment returns compared to the rest of WA, giving investors a capital gain of -5.18% to date .
While Shoalwater,6169 ranked number 197th in WA for increase in median house value (annualised) increase, it is ranked 202th over the last 5 years.
Property investors looking for a bargain in Shoalwater should be aiming for at least -6.16% off the asking price, which is the average vendor discount being achieved at the moment.
At number 1140th in the list of Australian suburbs ordered by increase in median house value over the last year, Shoalwater, 6169 is in the BOTTOM 40% with a property value increase of 0.00% recorded in median house prices.
Comparing Shoalwater,6169 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Shoalwater 6169 should be seeing an average reduction in asking price of around -8.26% . This means that Shoalwater is holding prices well when compared to other suburbs in WA.
A $260 per week rent on the median house gives suburb investors a gross yield of circa 4.66%, without taking into account capital value appreciation, which has been averaging out at 5.26%.