Investment property in Lesmurdie has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -3.45%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Lesmurdie has fallen somewhat when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Lesmurdie is offering property investors an average of -8.01. This rate of discount on properties puts Suburb at number 193th in terms of most discounted suburbs in WA
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 0.47%, investors should hope to achieve an overall return of 3.71%