At number 746th in the list of Australian suburbs ordered by increase in median house value over the last year, Myaree, 6154 is in the top 20% with a property value increase of 6.61% recorded in median house prices.
The five-year average increase in median property values for Myaree,6154 has given property investors a potential capital gain of -3.11% across each of those five years.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.58% offered to property buyers. Sellers in Myaree itself are offering an average vendor discount of -9.69% to real estate investors.
Using the current median advertised rental of $500 and the average annual increase in value of a median property of 2.45%, investors should hope to achieve an overall return of 3.80%
Giving property investors a an unimpressive capital gain of -5.06% for the last year, Myaree, 6154 is the 957th highest performer in Australia in this respect.
Residents and property investors in Myaree have been waiting around 85.9375 days to sell a property.
The WA suburb of Myaree, 6154 is in the Melville (C) local government area.