Tuart Hill has had a quite poor year for property investment returns compared to the rest of WA, giving investors a capital gain of -6.40% to date .
Across a shorter period, Tuart Hill, 6060 has seen a median price increase of -2.27% over the last quarter.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.57% offered to property buyers. Sellers in Tuart Hill itself are offering an average vendor discount of -8.17% to real estate investors.
Tuart Hill is 331th on a list of best yielding suburbs for rents in WA with a 3.65% return
Giving property investors a an average capital gain of -2.03% for the last year, Tuart Hill, 6060 is the 733th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Tuart Hill,6060 has racked up an average of -2.03% over the period. This ranks it number 1418th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Tuart Hill is offering property investors an average of -9.30. This rate of discount on properties puts Suburb at number 47th in terms of most discounted suburbs in WA
Often selling an investment property can take time, and in Tuart Hill the average time real estate has been on the market is 85.7358 days.
Property investors should expect to get $300 weekly from the median priced house in this suburb.