Property value increases in Balcatta have tracked just lower than the WA average of -2.32% over the last 12 months.
While Balcatta,6021 ranked number 159th in WA for increase in median house value (annualised) increase, it is ranked 288th over the last 5 years.
On average over the past year, suburb has had 11.58 sales per month, which equates to 139 per year.
Balcatta is in the TOP 30% in WA when comparing median price capital growth over the last year. Balcatta gave property investors a good capital gain figure when compared to the rest of the state, with -0.40%.
Over the longer term, Balcatta has seen property prices show investors a -11.90% return over the last 3 years. This is an improvement over the last 12 months
Balcatta, 6021’s gross rental yield is 4.36%