Armadale is in the bottom 20% in WA when comparing median price capital growth over the last year. Armadale gave property investors a dismal capital gain figure when compared to the rest of the state, with -11.35%.
When looking at the potential capital gains offered to property investors over the last 3 years, Armadale comes in at number 394th in WA.
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 Armadale, 6112. Typically our figures indicate that -11.35% is being offered, which puts this WA suburb at 159th most discounted overall in Australia.
Residents and property investors in Armadale have been waiting around 103.07 days to sell a property.
Armadale has had a quite poor year for property investment returns compared to the rest of WA, giving investors a capital gain of -9.89% to date .
Taking the average capital gain, or increase in median house value, Armadale,6112 has racked up an average of -9.89% over the period. This ranks it number 1706th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Armadale should be aiming for at least -9.85% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 2.08 sales per month, which equates to 25 per year.
Advertised rents are around the $220 mark per week – giving a return of 5.58% based on the median price in Suburb