If you compare the increase in value of investment property in Castletown, 6450 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -3.95%.
The five-year average increase in median property values for Castletown,6450 has given property investors a potential capital gain of -3.95% across each of those five years.
The most recent median price for Castletown is $365000, with sellers offering an average of -6.67% off the asking price.
Residents and property investors in Castletown have been waiting around 106.1 days to sell a property.
With the median price for a house in Castletown being $365000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 4.99%