Investment property in Queens Park has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.63%
When looking at the potential capital gains offered to property investors over the last 3 years, Queens Park comes in at number 160th in WA.
Queens Park, 6107 is offering WA ‘s 139th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this WA.
Situated 9.87km from the CBD, Queens Park is one of Canning (C) localities in the postcode 6107.
Over the last year, property investments in Queens Park, 6107 have given investors a capital gain of -5.42%. This compares averagely with the -4.71% for WA as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Queens Park comes in at number 100th in WA.
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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 it is attracting many mum and dad investors and first home buyers."Full summary
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.
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