WA has seen average median house prices change by -2.74% which means that Maylands, 6051 has not done well for property investors by showing a capital gain of -5.69% over the last year
The five-year average increase in median property values for Maylands,6051 has given property investors a potential capital gain of -12.12% across each of those five years.
Maylands6051 is located in WA which offers an average discount of -8.58% to property investors. Maylands itself is showing figures that indicate -6.60% is the average achievable by property buyers investing in the suburb.
At number 1382 in a list of fastest selling suburbs, Maylands is in the TOP 40% of suburbs in Australia with an average of days on market 70.1013 for properties listed there.
Renters in Suburb are facing rents around $20800 per annum or $400 every week.
Over the last year, property investments in Maylands, 6051 have given investors a capital gain of -11.76%. This compares badly with the -6.57% for WA as a whole.
Taking the average capital gain, or increase in median house value, Maylands,6051 has racked up an average of -11.76% over the period. This ranks it number 1443th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Maylands is giving property investors an average Vendor Discount of around -9.43%. This puts suburb at number 33th in WA when ranking the most discounted suburbs.
Situated 4.35km from the CBD, Maylands is one of Bayswater (C) localities in the postcode 6051.
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Maylands is a unique suburb surrounded by the Swan River with a huge range of different properties ranging from 1 bedroom units prised from $200,000 to Big houses worth as much as $6,000,000
Over the last year, property investments in Maylands, 6051 have given investors a capital gain of 18.89%. This compares very favourably with the 4.41% for WA as a whole.
Maylands,6051 has offered an average of 18.89% return per annum in house price rises to property investors over the last three years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -9.61% offered to property buyers. Sellers in Maylands itself are offering an average vendor discount of -7.38% to real estate investors.
On average over the past year, suburb has had 13.17 sales per month, which equates to 158 per year.
With the median price for a house in Maylands being $645000 and the advertised rent reaching $550 the gross rental yield for property investors calculates out to be 4.43%
Selling points: Own Train station, surrounded by the Swan River, 6klm to Perth CBD, has its own Café Strip. Beautiful parks and walk ways along the river with city views. Good future prospects for Capital gains. Boat yard &own yacht club. New $21 Million Multi purpose centre on eighth ave.
Most sought after properties: Villas, Town houses and Units.
Most common properties: Villas & Town houses.
Top amenities: Major fast food chains, café strip, own train station, medical centre, Coles. Water park, bbq areas.
Local industry and business: Cafes, Yacht club & Boat yard, water park. Gym, chemist.
Recent changes: Higher Zoning – several new café’s established. New $21 Million dollar multi purpose centre recently built. Completion of the blind centre on whatley cress.
Public transport: Maylands train station & plenty of Bus stops.
Main arteries: Guildford rd & Whatley Cress