If you compare the increase in value of investment property in Bayonet Head, 6330 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this WA suburb was 2.83%.
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.
Property investors looking for a bargain in Bayonet Head should be aiming for at least -4.79% off the asking price, which is the average vendor discount being achieved at the moment.
At number 3056 in a list of fastest selling suburbs, Bayonet Head is in the bottom 20% of suburbs in Australia with an average of days on market 115.62 for properties listed there.
A $380 per week rent on the median house gives suburb investors a gross yield of circa 4.94%, without taking into account capital value appreciation, which has been averaging out at 2.03%.