If you compare the increase in value of investment property in Kununurra, 6743 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -17.50%.
Kununurra,6743 was ranked 2670 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Kununurra should be aiming for at least -10.46% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Kununurra the average time real estate has been on the market is 103.08 days.
Using the current median advertised rental of $445 and the average annual increase in value of a median property of 0.32%, investors should hope to achieve an overall return of 7.01%