Investment property in South Kalgoorlie has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -8.52%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in South Kalgoorlie has fallen somewhat when compared to the 5 year average annual rate.
At number 82th of WA’s most discounted properties, South Kalgoorlie is in the bottom 20% of the state/territory when listing in order of most discounted to least.
Residents and property investors in South Kalgoorlie have been waiting around 120.1 days to sell a property.
With the median price for a house in South Kalgoorlie being $279000 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 6.15%