Denmark is in the TOP 20% in WA when comparing median price capital growth over the last year. Denmark gave property investors a very good capital gain figure when compared to the rest of the state, with 2.47%.
While Denmark,6333 ranked number 60th in WA for increase in median house value (annualised) increase, it is ranked 313th over the last 5 years.
The most recent median price for Denmark is $374000, with sellers offering an average of -7.26% off the asking price.
In the last year 60 properties changed hands in Denmark, which puts it as the 196th most active market in WA when comparing the number of sales per suburb.
Using the current median advertised rental of $330 and the average annual increase in value of a median property of 0.97%, investors should hope to achieve an overall return of 4.59%