If you compare the increase in value of investment property in Margaret River, 6285 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -3.59%.
Comparing Margaret River,6285 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Margaret River are currently offering property investors an average price cut of -5.74% below the asking price at the moment.
With the median price for a house in Margaret River being $470000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 4.43%
Over the last year, property investments in Margaret River, 6285 have given investors a capital gain of 12.62%. This compares very favourably with the -2.78% for WA as a whole.
The five-year average increase in median property values for Margaret River,6285 has given property investors a potential capital gain of 5.86% across each of those five years.
Property investors looking for a bargain in Margaret River should be aiming for at least -5.09% off the asking price, which is the average vendor discount being achieved at the moment.