Property value increases in Waikiki have tracked close to the WA average of -4.99% over the last 12 months.
Waikiki,6169 was ranked 3077 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Waikiki should be aiming for at least -7.17% off the asking price, which is the average vendor discount being achieved at the moment.
The WA suburb of Waikiki, 6169 is in the Rockingham local government area.
Over the last year, property investments in Waikiki, 6169 have given investors a capital gain of 14.96%. This compares very favourably with the -3.64% for WA as a whole.
Taking the average capital gain, or increase in median house value, Waikiki,6169 has racked up an average of 14.96% over the period. This ranks it number 1295th in the whole country for real estate investors looking at median house price increases.
Renters in Suburb are facing rents around $3600 per annum or $300 every week.