Piccadilly is in the bottom 20% in WA when comparing median price capital growth over the last year. Piccadilly gave property investors a dismal capital gain figure when compared to the rest of the state, with -13.25%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Piccadilly has increased when compared to the 5 year average annual rate.
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 Piccadilly, 6430. Typically our figures indicate that -10.51% is being offered, which puts this WA suburb at 299th most discounted overall in Australia.
On average over the past year, suburb has had 2.67 sales per month, which equates to 32 per year.
Piccadilly is 38th on a list of best yielding suburbs for rents in WA with a 5.95% return