Giving property investors a an unimpressive capital gain of -2.79% for the last year, Erskine, 6210 is the 3194th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Erskine,6210 has racked up an average of -2.79% over the period. This ranks it number 3343th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Erskine are currently offering property investors an average price cut of -7.30% below the asking price at the moment.
Situated 68.77km from the CBD, Erskine is one of Mandurah localities in the postcode 6210.
If you compare the increase in value of investment property in Erskine, 6210 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -22.41%.
Over the longer term, Erskine has seen property prices show investors a -1.75% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Erskine is giving property investors an average Vendor Discount of around -5.27%. This puts suburb at number 94th in WA when ranking the most discounted suburbs.
Erskine, 6210’s gross rental yield is 5.39%