Investment property in Shoalwater has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -6.27%
Over the longer term, Shoalwater has seen property prices show investors a -15.83% return over the last 3 years. This is an improvement over the last 12 months
Vendor discounting in Shoalwater is giving property investors an average Vendor Discount of around -8.41%. This puts suburb at number 145th in WA when ranking the most discounted suburbs.
Renters in Suburb are facing rents around $3960 per annum or $330 every week.
WA has seen average median house prices change by -4.86% which means that Shoalwater, 6169 has not done well for property investors by showing a capital gain of -13.79% over the last year
Over the longer term, Shoalwater has seen property prices show investors a -7.06% return over the last 3 years. This is worse than over the last 12 months
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.71% offered to property buyers. Sellers in Shoalwater itself are offering an average vendor discount of -12.12% to real estate investors.
Advertised rents are around the $247.5 mark per week – giving a return of 5.15% based on the median price in Suburb