Property investors who have had real estate in Castletown, 6450 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -7.69%
Taking the average capital gain, or increase in median house value, Castletown,6450 has racked up an average of -7.69% over the period. This ranks it number 3857th in the whole country for real estate investors looking at median house price increases.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.23% offered to property buyers. Sellers in Castletown itself are offering an average vendor discount of -7.81% to real estate investors.
At number 3478 in a list of fastest selling suburbs, Castletown is in the bottom 10% of suburbs in Australia with an average of days on market 134.97 for properties listed there.
Situated 603.27km from the CBD, Castletown is one of Esperance localities in the postcode 6450.