If you compare the increase in value of investment property in Somerville, 6430 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -9.00%.
Across a shorter period, Somerville, 6430 has seen a median price increase of -2.17% over the last quarter.
Sellers are offering property buyers an average discount of -6.54% to buyers in Somerville at the moment, which is less than average for the rest of WA.
Situated 548.36km from the CBD, Somerville is one of Kalgoorlie/Boulder localities in the postcode 6430.
Comparing Somerville,6430 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
With the median price for a house in Somerville being $242000 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 6.88%