With a capital gain of -5.90% for the last 12 months, Denmark, 6333 has performed for property investments than its average annual -0.14% property growth over the last 5 years.
Comparing Denmark,6333 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 136th of WA’s most discounted properties, Denmark is in the bottom 30% of the state/territory when listing in order of most discounted to least.
At number 3707 in a list of fastest selling suburbs, Denmark is in the bottom 20% of suburbs in Australia with an average of days on market 122 for properties listed there.
With the median price for a house in Denmark being $355000 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 4.83%
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