Shoalwater has had a pretty average year for property investment returns compared to the rest of WA, giving investors a capital gain of -4.21% to date .
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 -7.06% . This means that Shoalwater is holding prices well when compared to other suburbs in WA.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 4.00%, without taking into account capital value appreciation, which has been averaging out at 1.60%.
Giving property investors a a poor capital gain of -17.24% for the last year, Shoalwater, 6169 is the 1663th highest performer in Australia in this respect.
Shoalwater,6169 has offered an average of -17.24% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Shoalwater are currently offering property investors an average price cut of -9.14% below the asking price at the moment.
In the last year 35 properties changed hands in Shoalwater, which puts it as the 47th most active market in WA when comparing the number of sales per suburb.