With a capital gain of 18.68% for the last 12 months, Trigg, 6029 has performed for property investments than its average annual 4.02% property growth over the last 5 years.
Over the longer term, Trigg has seen property prices show investors a 14.89% return over the last 3 years. This is an improvement over the last 12 months
Property investors looking for a bargain in Trigg should be aiming for at least -5.59% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 77 properties changed hands in Trigg, which puts it as the 241th most active market in WA when comparing the number of sales per suburb.
Trigg, 6029’s gross rental yield is 2.89%
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Top beach destination bests Perth’s downturn
Median house price: $1,115,000
Three-year growth: 1.13%
Rental yield: 3.03%
As the home of one of Perth’s most well-known surfing beaches, Trigg is enjoying its designation as a premium suburb in the metro.
Trigg is just a 20-minute drive northwest of Perth, which could account for its steady growth despite the state’s plummet in the national property market. Prices slipped only very slightly in the March 2017 quarter by less than 1%, and the suburb still logged an increase of 3% in house values over the past 12 months. Even with the median house price passing $1m, there seems to be little trouble selling, with vendors able to close a sale at an average discount of less than 4%
Trigg Beach’s popularity is a factor, along with its proximity to the nearby Trigg Island. The Clarko Reserve Playground near the beach is a beloved recreation spot in Stirling City. The buses passing through Arnott Street bring commuters to Stirling.