Shoalwater, 6169 ranked 137th in WA when comparing growth in median property values or capital gain over the last 12 months. Shoalwater is one of 1662 in our list for WA
If we look at median property appreciation over just the last three months, Shoalwater has given property investors a paper return of -1.10%. This puts Suburb as 207 on a list of fastest fasting appreciating suburbs in WA
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.17% offered to property buyers. Sellers in Shoalwater itself are offering an average vendor discount of -8.92% to real estate investors.
Often selling an investment property can take time, and in Shoalwater the average time real estate has been on the market is 117.85 days.
Shoalwater, 6169’s gross rental yield is 3.70%
At number 1645th in the list of Australian suburbs ordered by increase in median house value over the last year, Shoalwater, 6169 is in the BOTTOM 10% with a property value increase of -15.52% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Shoalwater comes in at number 63th in WA.
Our latest figures would indicate that property sellers in Shoalwater are currently offering property investors an average price cut of -11.95% below the asking price at the moment.
In the last year 30 properties changed hands in Shoalwater, which puts it as the 56th most active market in WA when comparing the number of sales per suburb.
Using the current median advertised rental of $245 and the average annual increase in value of a median property of -0.42%, investors should hope to achieve an overall return of 5.20%