Piara Waters has had a pretty good year for property investment returns compared to the rest of WA, giving investors a capital gain of 0.67% to date .
Comparing Piara Waters,6112 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -6.75% to buyers in Piara Waters at the moment, which is less than average for the rest of WA.
At number 2765 in a list of fastest selling suburbs, Piara Waters is in the bottom 30% of suburbs in Australia with an average of days on market 97.92 for properties listed there.
With the median price for a house in Piara Waters being $522500 and the advertised rent reaching $417.5 the gross rental yield for property investors calculates out to be 4.16%