If you compare the increase in value of investment property in Stoneville, 6081 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this WA suburb was 11.21%.
A -0.67% growth in median value for property investors in Stoneville,6081 puts this suburb at number 11th in terms of best performing suburbs in WA
LACK OF BUYER INTEREST may well be the reason that Stoneville is offering property investors an average of -9.03. This rate of discount on properties puts Suburb at number 425th in terms of most discounted suburbs in WA
Residents and property investors in Stoneville have been waiting around 74.83 days to sell a property.
With the median price for a house in Stoneville being $595000 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 3.32%
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