Giving property investors a a poor capital gain of -10.20% for the last year, Somerville, 6430 is the 3906th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Somerville,6430 has racked up an average of -10.20% over the period. This ranks it number 3896th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Somerville are currently offering property investors an average price cut of -5.93% below the asking price at the moment.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 5.32%, without taking into account capital value appreciation, which has been averaging out at 2.86%.