Northam, 6401 ranked 396th in WA when comparing growth in median property values or capital gain over the last 12 months. Northam is one of 1662 in our list for WA
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Northam has fallen somewhat when compared to the 5 year average annual rate.
The most recent median price for Northam is $180000, with sellers offering an average of -14.64% off the asking price.
Northam is 24th on a list of best yielding suburbs for rents in WA with a 8.09% return
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Northam, WA – House stock rises in Avon Valley
Median house price: $200,000
Stock on market: 21.1%
12-month growth: -4%
The suburb of Northam, located within the largest town in the Avon Valley, has been known as the biggest inland town in Western Australia whose economy was not driven by mining.
Instead, the suburb has a strong bent towards tourism, with attractions like hot air ballooning and museums drawing visitors. Northam has a notable food scene as well, with wineries, cafes and restaurants to visit.
Northam Senior High School has been established in the suburb. It also serves the majority of the western Wheatbelt region, with the local railway station being a major transport junction. Housing stock levels rose in the 12 months to July 2019 from 226 to 272.