With a capital gain of 3.81% for the last 12 months, Tuart Hill, 6060 has performed for property investments than its average annual 2.06% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Tuart Hill comes in at number 139th in WA.
Property investors looking for a bargain in Tuart Hill should be aiming for at least -6.50% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Tuart Hill being $545000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 3.34%
At number 1031th in the list of Australian suburbs ordered by increase in median house value over the last year, Tuart Hill, 6060 is in the BOTTOM 40% with a property value increase of -3.43% recorded in median house prices.
Across a shorter period, Tuart Hill, 6060 has seen a median price increase of 3.33% over the last quarter.
State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.64% offered to property buyers. Sellers in Tuart Hill itself are offering an average vendor discount of -8.71% to real estate investors.
At number 1001 in a list of fastest selling suburbs, Tuart Hill is in the bottom 30% of suburbs in Australia with an average of days on market 84.5 for properties listed there.