Giving property investors a a poor capital gain of -10.98% for the last year, Erskine, 6210 is the 3926th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Erskine has fallen somewhat when compared to the 5 year average annual rate.
Erskine6210 is located in WA which offers an average discount of -8.08% to property investors. Erskine itself is showing figures that indicate -6.22% is the average achievable by property buyers investing in the suburb.
Using the current median advertised rental of $330 and the average annual increase in value of a median property of -1.50%, investors should hope to achieve an overall return of 4.46%
Erskine has had a very poor year for property investment returns compared to the rest of WA, giving investors a capital gain of -16.79% to date .
Erskine, 6210 is offering WA ‘s 98th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this WA.
In the last year 17 properties changed hands in Erskine, which puts it as the 86th most active market in WA when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $3540 per annum or $295 every week.