If you compare the increase in value of investment property in Mount Clarence, 6330 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -13.70%.
While Mount Clarence,6330 ranked number 401th in WA for increase in median house value (annualised) increase, it is ranked 346th over the last 5 years.
Property investors looking for a bargain in Mount Clarence should be aiming for at least -3.43% off the asking price, which is the average vendor discount being achieved at the moment.
At number 916 in a list of fastest selling suburbs, Mount Clarence is in the TOP 30% of suburbs in Australia with an average of days on market 56.9 for properties listed there.