Property investors who have had real estate in Port Denison, 6525 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 -23.81%
Taking the average capital gain, or increase in median house value, Port Denison,6525 has racked up an average of -23.81% over the period. This ranks it number 4030th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Port Denison are currently offering property investors an average price cut of -9.79% below the asking price at the moment.
A $280 per week rent on the median house gives suburb investors a gross yield of circa 4.55%, without taking into account capital value appreciation, which has been averaging out at -0.82%.