Somerville is in the bottom 20% in WA when comparing median price capital growth over the last year. Somerville gave property investors a dismal capital gain figure when compared to the rest of the state, with -11.43%.
Over the longer term, Somerville has seen property prices show investors a -7.66% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Somerville is giving property investors an average Vendor Discount of around -6.18%. This puts suburb at number 340th in WA when ranking the most discounted suburbs.
With the median price for a house in Somerville being $434000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 5.39%