Giving property investors a a poor capital gain of -8.22% for the last year, Girrawheen, 6064 is the 3839th highest performer in Australia in this respect.
The five-year average increase in median property values for Girrawheen,6064 has given property investors a potential capital gain of -1.47% across each of those five years.
The most recent median price for Girrawheen is $335000, with sellers offering an average of -9.89% off the asking price.
Often selling an investment property can take time, and in Girrawheen the average time real estate has been on the market is 93.94 days.
Renters in Suburb are facing rents around $3360 per annum or $280 every week.
Giving property investors a a poor capital gain of -18.12% for the last year, Girrawheen, 6064 is the 1676th highest performer in Australia in this respect.
Girrawheen,6064 was ranked 158 in Australia by increase in median property value over the quarter.
Girrawheen6064 is located in WA which offers an average discount of -9.25% to property investors. Girrawheen itself is showing figures that indicate -17.32% is the average achievable by property buyers investing in the suburb.
Renters in Suburb are facing rents around $3000 per annum or $250 every week.
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