Westminster is in the bottom 30% in WA when comparing median price capital growth over the last year. Westminster gave property investors a disappointing capital gain figure when compared to the rest of the state, with -7.32%.
The five-year average increase in median property values for Westminster,6061 has given property investors a potential capital gain of -1.17% across each of those five years.
Property investors looking for a bargain in Westminster should be aiming for at least -8.42% off the asking price, which is the average vendor discount being achieved at the moment.
Westminster is 180th on a list of best yielding suburbs for rents in WA with a 4.24% return
WA has seen average median house prices change by -5.16% which means that Westminster, 6061 has not done well for property investors by showing a capital gain of -12.46% over the last year
Westminster,6061 was ranked 1663 in Australia by increase in median property value over the quarter.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.94% offered to property buyers. Sellers in Westminster itself are offering an average vendor discount of -6.62% to real estate investors.
The WA suburb of Westminster, 6061 is in the Stirling local government area.