At number 3008th in the list of Australian suburbs ordered by increase in median house value over the last year, Queens Park, 6107 is in the BOTTOM 30% with a property value increase of -7.30% recorded in median house prices.
Comparing Queens Park,6107 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Queens Park, 6107 is offering WA ‘s 81th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this WA.
Situated 9.90km from the CBD, Queens Park is one of Canning (C) localities in the postcode 6107.
With a capital gain of -21.43% for the last 12 months, Queens Park, 6107 has performed for property investments than its average annual -3.15% property growth over the last 5 years.
Comparing Queens Park,6107 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Advertised rents are around the $340 mark per week – giving a return of 8.04% based on the median price in Suburb
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Ray White Cannington principal Michael Smart says the area offers some of the largest blocks of land available within 11km of the CBD. “There are a lot of redevelopment opportunities within Queens Park, and is attracting many mums and dads investors and first home buyers. The area has good infrastructure and, for its location, it is good value.”
Smart says that with the recent amount of development in the area, the unit market is a little on the oversubscribed side, but that houses show good potential. “On the large blocks of land, demand from developers is good thanks to its close proximity to the CBD.”
Best street(s): Bargain hunters can find some of the cheapest properties along Reginald St, Dora St or Whitlock Road, while the more expensive houses are located along Treasure Road and Dowley Ct.