If you compare the increase in value of investment property in Golden Bay, 6174 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -10.19%.
If we look at median property appreciation over just the last three months, Golden Bay has given property investors a paper return of -4.47%. This puts Suburb as 338 on a list of fastest fasting appreciating suburbs in WA
The most recent median price for Golden Bay is $352500, with sellers offering an average of -7.29% off the asking price.
In the last year 74 properties changed hands in Golden Bay, which puts it as the 158th most active market in WA when comparing the number of sales per suburb.
Using the current median advertised rental of $320 and the average annual increase in value of a median property of -1.68%, investors should hope to achieve an overall return of 4.72%