If you compare the increase in value of investment property in Hannans, 6430 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was 0.00%.
Hannans,6430 was ranked 3668 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Hannans should be aiming for at least -7.20% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 2.50 sales per month, which equates to 30 per year.
A $430 per week rent on the median house gives suburb investors a gross yield of circa 5.59%, without taking into account capital value appreciation, which has been averaging out at 3.91%.