WA has seen average median house prices change by -5.20% which means that West Lamington, 6430 has not done well for property investors by showing a capital gain of -2.78% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in West Lamington has fallen somewhat when compared to the 5 year average annual rate.
Property buyers and investors in West Lamington 6430 should be seeing an average reduction in asking price of around -8.30% . This means that West Lamington is holding prices well when compared to other suburbs in WA.
Using the current median advertised rental of $370 and the average annual increase in value of a median property of 4.30%, investors should hope to achieve an overall return of 5.50%