Over the last year, property investments in Waikiki, 6169 have given investors a capital gain of -0.67%. This compares favourably with the -2.60% for WA as a whole.
Across a shorter period, Waikiki, 6169 has seen a median price increase of -1.85% over the last quarter.
Vendor discounting in Waikiki is giving property investors an average Vendor Discount of around -7.73%. This puts suburb at number 181th in WA when ranking the most discounted suburbs.
Residents and property investors in Waikiki have been waiting around 97.1 days to sell a property.
A $320 per week rent on the median house gives suburb investors a gross yield of circa 4.49%, without taking into account capital value appreciation, which has been averaging out at 0.23%.
If you compare the increase in value of investment property in Waikiki, 6169 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -10.29%.
Taking the average capital gain, or increase in median house value, Waikiki,6169 has racked up an average of -10.29% over the period. This ranks it number 1625th in the whole country for real estate investors looking at median house price increases.
On average over the past year, suburb has had 1.42 sales per month, which equates to 17 per year.