WA has seen average median house prices change by -5.06% which means that Lower King, 6330 has not done well for property investors by showing a capital gain of -2.89% over the last year
Lower King,6330 was ranked 2147 in Australia by increase in median property value over the quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Lower King, 6330. Typically our figures indicate that -6.67% is being offered, which puts this WA suburb at 1397th most discounted overall in Australia.
At number 3303 in a list of fastest selling suburbs, Lower King is in the bottom 20% of suburbs in Australia with an average of days on market 126.93 for properties listed there.
A $370 per week rent on the median house gives suburb investors a gross yield of circa 5.21%, without taking into account capital value appreciation, which has been averaging out at 1.82%.