If you compare the increase in value of investment property in Bayonet Head, 6330 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 1.42%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bayonet Head has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Bayonet Head is offering property investors an average of -8.21. This rate of discount on properties puts Suburb at number 404th in terms of most discounted suburbs in WA
In the last year 50 properties changed hands in Bayonet Head, which puts it as the 234th most active market in WA when comparing the number of sales per suburb.
Using the current median advertised rental of $390 and the average annual increase in value of a median property of 1.77%, investors should hope to achieve an overall return of 5.17%