Investment property in Erskine has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -3.76%
If we look at median property appreciation over just the last three months, Erskine has given property investors a paper return of -1.80%. This puts Suburb as 269 on a list of fastest fasting appreciating suburbs in WA
Property buyers and investors in Erskine 6210 should be seeing an average reduction in asking price of around -7.02% . This means that Erskine is holding prices well when compared to other suburbs in WA.
Erskine, 6210’s gross rental yield is 4.25%
Property value increases in Erskine have tracked higher than the WA average of -4.11% over the last 12 months.
Erskine,6210 was ranked 28 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Erskine should be aiming for at least -5.29% off the asking price, which is the average vendor discount being achieved at the moment.
The WA suburb of Erskine, 6210 is in the Mandurah local government area.