With a capital gain of -2.33% for the last 12 months, Erskine, 6210 has performed for property investments than its average annual -0.40% property growth over the last 5 years.
Across a shorter period, Erskine, 6210 has seen a median price increase of -2.89% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Erskine, 6210. Typically our figures indicate that -7.20% is being offered, which puts this WA suburb at 1169th most discounted overall in Australia.
At number 2898 in a list of fastest selling suburbs, Erskine is in the bottom 30% of suburbs in Australia with an average of days on market 108.73 for properties listed there.
Property investors should expect to get $340 weekly from the median priced house in this suburb.
Erskine has had a A very good year for property investment returns compared to the rest of WA, giving investors a capital gain of 42.19% to date .
The most recent median price for Erskine is $455000, with sellers offering an average of -4.88% off the asking price.
In the last year 21 properties changed hands in Erskine, which puts it as the 77th most active market in WA when comparing the number of sales per suburb.
A $327.5 per week rent on the median house gives suburb investors a gross yield of circa 3.74%, without taking into account capital value appreciation, which has been averaging out at 3.56%.