If you compare the increase in value of investment property in Applecross, 6153 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this WA suburb was 4.92%.
Taking the average capital gain, or increase in median house value, Applecross,6153 has racked up an average of 4.92% over the period. This ranks it number 387th in the whole country for real estate investors looking at median house price increases.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.00% offered to property buyers. Sellers in Applecross itself are offering an average vendor discount of -8.50% to real estate investors.
A $705 per week rent on the median house gives suburb investors a gross yield of circa 2.29%, without taking into account capital value appreciation, which has been averaging out at 3.18%.
Property investors who have had real estate in Applecross, 6153 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 -27.26%
Applecross,6153 has offered an average of -27.26% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Applecross is offering property investors an average of -8.81. This rate of discount on properties puts Suburb at number 11th in terms of most discounted suburbs in WA
The WA suburb of Applecross, 6153 is in the Melville (C) local government area.