Property investors who have had real estate in Stoneville, 6081 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -6.83%
Stoneville,6081 was ranked 2732 in Australia by increase in median property value over the quarter.
Stoneville6081 is located in WA which offers an average discount of -8.02% to property investors. Stoneville itself is showing figures that indicate -6.48% is the average achievable by property buyers investing in the suburb.
The WA suburb of Stoneville, 6081 is in the Mundaring local government area.
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