Broadwater has had a A very good year for property investment returns compared to the rest of WA, giving investors a capital gain of 2.17% to date .
Across a shorter period, Broadwater, 6280 has seen a median price increase of 0.00% over the last quarter.
Our latest figures would indicate that property sellers in Broadwater are currently offering property investors an average price cut of -3.98% below the asking price at the moment.
In the last year 55 properties changed hands in Broadwater, which puts it as the 214th most active market in WA when comparing the number of sales per suburb.
Advertised rents are around the $380 mark per week – giving a return of 4.20% based on the median price in Suburb
The most recent median price for Broadwater is $285000, with sellers offering an average of -10.45% off the asking price.
With the median price for a house in Broadwater being $285000 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 6.57%