Property value increases in Maylands have tracked higher than the WA average of -1.78% over the last 12 months.
Taking the average capital gain, or increase in median house value, Maylands,6051 has racked up an average of 8.51% over the period. This ranks it number 2520th in the whole country for real estate investors looking at median house price increases.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.91% offered to property buyers. Sellers in Maylands itself are offering an average vendor discount of -5.18% to real estate investors.
Residents and property investors in Maylands have been waiting around 62.1375 days to sell a property.
Renters in Suburb are facing rents around $23140 per annum or $445 every week.
Property value increases in Maylands have tracked just lower than the WA average of -3.91% over the last 12 months.
Maylands,6051 has offered an average of -9.52% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -8.38% to buyers in Maylands at the moment, which is less than average for the rest of WA.
Maylands is 61th on a list of best yielding suburbs for rents in WA with a 5.47% return
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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