Girrawheen, 6064 ranked 359th in WA when comparing growth in median property values or capital gain over the last 12 months. Girrawheen is one of 1662 in our list for WA
Comparing Girrawheen,6064 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
The most recent median price for Girrawheen is $317500, with sellers offering an average of -9.21% off the asking price.
Residents and property investors in Girrawheen have been waiting around 83.59 days to sell a property.
Girrawheen is 138th on a list of best yielding suburbs for rents in WA with a 4.59% return
Property value increases in Girrawheen have tracked lower than the WA average of -4.15% over the last 12 months.
The five-year average increase in median property values for Girrawheen,6064 has given property investors a potential capital gain of -21.67% across each of those five years.
The most recent median price for Girrawheen is $235000, with sellers offering an average of -14.86% off the asking price.
Property investors should expect to get $250 weekly from the median priced house in this suburb.
The suburb is less than 30 minutes from the Perth CBD by car, and it is within the Swan educational district. Thus, residents have access to several state primary and secondary schools, as well as private institutions making it a convenient location.Full summary
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Decline slows in education centre
Median unit price: $285,000
Three-year growth: -9.5%
Rental yield: 5.3%
As Perth prepares to bottom out in the next couple of years, the suburb of Girrawheen may be ahead of the curve as apartment prices begin pushing up following a down period.
While Girrawheen still reported a decline of 3.4% in the past 12 months leading up to July 2017, the trend has since slowed further to just 0.7% in the June 2017 quarter. The suburb’s convenient location may be a reason why – Girrawheen is less than 30 minutes from the Perth CBD by car, and it is within the Swan educational district. Thus, residents have access to several state primary and secondary schools, as well as private institutions.
Shopping is easy as well, with the presence of the Newpark and Summerfield shopping centres. The Square Mirrabooka is nearby as well.Close