If you compare the increase in value of investment property in Tarcoola Beach, 6530 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -2.80%.
Tarcoola Beach,6530 was ranked 159 in Australia by increase in median property value over the quarter.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.21% offered to property buyers. Sellers in Tarcoola Beach itself are offering an average vendor discount of -9.18% to real estate investors.
A $290 per week rent on the median house gives suburb investors a gross yield of circa 4.13%, without taking into account capital value appreciation, which has been averaging out at -1.69%.