At number 3474th in the list of Australian suburbs ordered by increase in median house value over the last year, Waikiki, 6169 is in the BOTTOM 20% with a property value increase of -5.24% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Waikiki has increased when compared to the 5 year average annual rate.
Waikiki, 6169 is offering WA ‘s 197th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this WA.
Advertised rents are around the $350 mark per week – giving a return of 4.80% based on the median price in Suburb
Waikiki, 6169 ranked 49th in WA when comparing growth in median property values or capital gain over the last 12 months. Waikiki is one of 1662 in our list for WA
A $320 per week rent on the median house gives suburb investors a gross yield of circa 4.76%, without taking into account capital value appreciation, which has been averaging out at 10.75%.