If you compare the increase in value of investment property in Stoneville, 6081 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -5.45%.
Taking the average capital gain, or increase in median house value, Stoneville,6081 has racked up an average of -5.45% over the period. This ranks it number 3468th in the whole country for real estate investors looking at median house price increases.
Named for the Chief Justice of Western Australia in 1905, the suburb of Stoneville is located just west of Mundaring. It has had a bumpy road in terms of recent growth.Full summary
Information supplied by:
Perth suburb seesaws
Median house price: $546,000
Three-year growth: -8.85%
Rental yield: 4.00%
Named for the Chief Justice of Western Australia in 1905, the suburb of Stoneville is located just west of Mundaring. It has had a bumpy road in terms of recent growth.
Stoneville showed positive growth in the past year and five years ago, but declined three years previously as well as in the January 2017 quarter. The median house price is just under $550,000, with investors able to gain 4% yield in rents. Despite Perth’s current decline, Stoneville continues to attract occupants, as the average vacancy rate fell from an already-low 0.48% to just 0.24%.
The suburb sits less than an hour east from Perth, and bus services are provided to Midland train station. There is a grocery store and a shopping centre. Nearby Mundaring is home to a primary school.Close