Balcatta, 6021 ranked 127th in WA when comparing growth in median property values or capital gain over the last 12 months. Balcatta 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 Balcatta has fallen somewhat when compared to the 5 year average annual rate.
Balcatta6021 is located in WA which offers an average discount of -8.58% to property investors. Balcatta itself is showing figures that indicate -7.91% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Balcatta the average time real estate has been on the market is 84.5244 days.
Property investors should expect to get $350 weekly from the median priced house in this suburb.
Balcatta, 6021 ranked 50th in WA when comparing growth in median property values or capital gain over the last 12 months. Balcatta is one of 1662 in our list for WA
Over the longer term, Balcatta has seen property prices show investors a -13.63% return over the last 3 years. This is an improvement over the last 12 months
Sellers are offering property buyers an average discount of -8.87% to buyers in Balcatta at the moment, which is less than average for the rest of WA.
On average over the past year, suburb has had 3.58 sales per month, which equates to 43 per year.
Advertised rents are around the $315 mark per week – giving a return of 5.12% based on the median price in Suburb