If you compare the increase in value of investment property in Quinns Rocks, 6030 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -2.09%.
While Quinns Rocks,6030 ranked number 196th in WA for increase in median house value (annualised) increase, it is ranked 285th over the last 5 years.
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 Quinns Rocks, 6030. Typically our figures indicate that -5.13% is being offered, which puts this WA suburb at 2088th most discounted overall in Australia.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of -0.02%, investors should hope to achieve an overall return of 4.09%