Giving property investors a a poor capital gain of -5.96% for the last year, Denmark, 6333 is the 3722th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Denmark comes in at number 223th in WA.
Property buyers and investors in Denmark 6333 should be seeing an average reduction in asking price of around -9.97% . This means that Denmark is holding prices well when compared to other suburbs in WA.
On average over the past year, suburb has had 5.50 sales per month, which equates to 66 per year.
Along the Rainbow Coast of WA, the suburb of Denmark is a big hit with tourists because it offers both lovely forests and stunning white sand beachesFull summary
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Tourist hub teems with houses
Median house price: $369,000
Stock on market: 32.4%
12-month growth: -1.6%
Along the Rainbow Coast of WA, the suburb of Denmark is a big hit with tourists because it offers both lovely forests and stunning white sand beaches. Its mild climate makes it ideal as year-round travel destination for those love nature, food and wine.
Denmark sits where its namesake river merges with the Wilson Inlet. The area teems with beautiful flora and fauna while generating remarkable views of the Southern Ocean.
Holidaymakers flock to this area, but it also serves as a permanent home to locals who enjoy the small-town feel. Housing stock has increased markedly over the year to October 2018 by 32% - going from 72 to 95. With Perth remaining in a recovery position for now, however, house values have not risen since 2013, bringing the median price to only $369,000.Close