If you compare the increase in value of investment property in Merriwa, 6030 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this WA suburb was -3.13%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Merriwa has fallen somewhat when compared to the 5 year average annual rate.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Merriwa, 6030. Typically our figures indicate that -8.39% is being offered, which puts this WA suburb at 717th most discounted overall in Australia.
Merriwa is 102th on a list of best yielding suburbs for rents in WA with a 5.37% return