WA has seen average median house prices change by -5.25% which means that Somerville, 6430 has not done well for property investors by showing a capital gain of -2.15% over the last year
Over the longer term, Somerville has seen property prices show investors a -7.99% return over the last 3 years. This is an improvement over the last 12 months
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.22% offered to property buyers. Sellers in Somerville itself are offering an average vendor discount of -6.32% to real estate investors.
Property investors should expect to get $430 weekly from the median priced house in this suburb.