WA has seen average median house prices change by -2.74% which means that Kelmscott, 6111 has not done well for property investors by showing a capital gain of -15.15% over the last year
Comparing Kelmscott,6111 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Kelmscott, 6111. Typically our figures indicate that -9.77% is being offered, which puts this WA suburb at 324th most discounted overall in Australia.
If you compare the increase in value of investment property in Kelmscott, 6111 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this WA suburb was -2.25%.
Kelmscott,6111 was ranked 264 in Australia by increase in median property value over the quarter.
The most recent median price for Kelmscott is $206750, with sellers offering an average of -13.61% off the asking price.
In the last year 12 properties changed hands in Kelmscott, which puts it as the 104th most active market in WA when comparing the number of sales per suburb.
A $260 per week rent on the median house gives suburb investors a gross yield of circa 6.54%, without taking into account capital value appreciation, which has been averaging out at -2.59%.