If you compare the increase in value of investment property in Bakers Hill, 6562 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this WA suburb was 14.11%.
If we look at median property appreciation over just the last three months, Bakers Hill has given property investors a paper return of 4.49%. This puts Suburb as 38 on a list of fastest fasting appreciating suburbs in WA
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.24% offered to property buyers. Sellers in Bakers Hill itself are offering an average vendor discount of -7.82% to real estate investors.
In the last year 16 properties changed hands in Bakers Hill, which puts it as the 382th most active market in WA when comparing the number of sales per suburb.
Bakers Hill, 6562’s gross rental yield is 3.52%