At number 2394th in the list of Australian suburbs ordered by increase in median house value over the last year, Marangaroo, 6064 is in the BOTTOM 50% with a property value increase of -3.75% recorded in median house prices.
Marangaroo,6064 has offered an average of -3.75% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Marangaroo is offering property investors an average of -8.58. This rate of discount on properties puts Suburb at number 195th in terms of most discounted suburbs in WA
The WA suburb of Marangaroo, 6064 is in the Wanneroo (C) local government area.
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Marangaroo, 6064 ranked 55th in WA when comparing growth in median property values or capital gain over the last 12 months. Marangaroo is one of 1662 in our list for WA.
When looking at the potential capital gains offered to property investors over the last 3 years, Marangaroo comes in at number 193th in WA.
Vendor discounting in Marangaroo is giving property investors an average Vendor Discount of around -5.55%. This puts suburb at number 379th in WA when ranking the most discounted suburbs.
Renters in Suburb are facing rents around $5580 per annum or $465 every week.
Selling points: 10.6% growth in the last 12 months
Most sought-after properties: House
Most common properties: House
Top amenities: Local golf course, parks & schools
Local industry and business: Located 15km from Perth GPO. Short drive to industrial areas in both Malaga & Wangara
Recent changes: Last available blocks in the suburb sold in the Berkley Rise Estate up until only recently.
Best streets: Streets located west of golf course
Public transport: Bus service to Perth CBD or Warwick train Station
Main arteries: Wanneroo Road, Hepburn Avenue, Mirrabooka Avenue & Marangaroo Drive