At number 2372th in the list of Australian suburbs ordered by increase in median house value over the last year, Tuart Hill, 6060 is in the BOTTOM 50% with a property value increase of 6.01% recorded in median house prices.
The five-year average increase in median property values for Tuart Hill,6060 has given property investors a potential capital gain of -9.38% across each of those five 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 Tuart Hill, 6060. Typically our figures indicate that -4.12% is being offered, which puts this WA suburb at 1731th most discounted overall in Australia.
If you compare the increase in value of investment property in Tuart Hill, 6060 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this WA suburb was 12.28%.
While Tuart Hill,6060 ranked number 31th in WA for increase in median house value (annualised) increase, it is ranked 41th over the last 5 years.
Our latest figures would indicate that property sellers in Tuart Hill are currently offering property investors an average price cut of -5.26% below the asking price at the moment.
On average over the past year, suburb has had 8.75 sales per month, which equates to 105 per year.
Renters in Suburb are facing rents around $16120 per annum or $310 every week.