Property investors who have had real estate in Shelley, 6148 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -8.29%
Over the longer term, Shelley has seen property prices show investors a 1.37% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Shelley is offering property investors an average of -7.91. This rate of discount on properties puts Suburb at number 147th in terms of most discounted suburbs in WA
The WA suburb of Shelley, 6148 is in the Canning (C) local government area.
If we look at median property appreciation over just the last three months, Shelley has given property investors a paper return of 16.28%. This puts Suburb as 3 on a list of fastest fasting appreciating suburbs 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 Shelley, 6148. Typically our figures indicate that -6.45% is being offered, which puts this WA suburb at 373th most discounted overall in Australia.
Shelley, 6148’s gross rental yield is 3.64%