Ascot is in the bottom 10% in WA when comparing median price capital growth over the last year. Ascot gave property investors a dismal capital gain figure when compared to the rest of the state, with -18.31%.
Ascot,6104 was ranked 2969 in Australia by increase in median property value over the quarter.
Advertised rents are around the $450 mark per week – giving a return of 4.03% based on the median price in Suburb
Comparing Ascot,6104 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
At number 1281 in a list of fastest selling suburbs, Ascot is in the bottom 10% of suburbs in Australia with an average of days on market 173.636 for properties listed there.
Using the current median advertised rental of $370 and the average annual increase in value of a median property of 6.72%, investors should hope to achieve an overall return of 5.34%