Property value increases in Shoalwater have tracked just higher than the WA average of -4.46% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Shoalwater has increased when compared to the 5 year average annual rate.
The most recent median price for Shoalwater is $455000, with sellers offering an average of -7.92% off the asking price.
Over the last year, property investments in Shoalwater, 6169 have given investors a capital gain of -13.79%. This compares very badly with the -4.11% for WA as a whole.
Over the longer term, Shoalwater has seen property prices show investors a -1.96% return over the last 3 years. This is worse than over the last 12 months
Shoalwater6169 is located in WA which offers an average discount of -8.31% to property investors. Shoalwater itself is showing figures that indicate -9.95% is the average achievable by property buyers investing in the suburb.
Residents and property investors in Shoalwater have been waiting around 101.92 days to sell a property.
A $245 per week rent on the median house gives suburb investors a gross yield of circa 5.10%, without taking into account capital value appreciation, which has been averaging out at 1.48%.