If you compare the increase in value of investment property in Attadale, 6156 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -5.38%.
A 4.76% growth in median value for property investors in Attadale,6156 puts this suburb at number 356th in terms of best performing suburbs in WA
Our latest figures would indicate that property sellers in Attadale are currently offering property investors an average price cut of -8.27% below the asking price at the moment.
Situated 9.78km from the CBD, Attadale is one of Melville localities in the postcode 6156.
WA has seen average median house prices change by -5.44% which means that Attadale, 6156 has not done well for property investors by showing a capital gain of -3.79% over the last year
Across a shorter period, Attadale, 6156 has seen a median price increase of -15.63% over the last quarter.
State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.85% offered to property buyers. Sellers in Attadale itself are offering an average vendor discount of -9.49% to real estate investors.
Often selling an investment property can take time, and in Attadale the average time real estate has been on the market is 111.77 days.
A $310 per week rent on the median house gives suburb investors a gross yield of circa 3.92%, without taking into account capital value appreciation, which has been averaging out at 0.24%.