Property investors who have had real estate in Lower King, 6330 should be relatively pleased with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.22%
Over the longer term, Lower King has seen property prices show investors a 14.37% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Lower King is giving property investors an average Vendor Discount of around -6.43%. This puts suburb at number 316th in WA when ranking the most discounted suburbs.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 2.00%, investors should hope to achieve an overall return of 4.72%