Giving property investors a an unimpressive capital gain of -1.92% for the last year, Aubin Grove, 6164 is the 2567th highest performer in Australia in this respect.
Across a shorter period, Aubin Grove, 6164 has seen a median price increase of 1.29% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Aubin Grove is offering property investors an average of -8.00. This rate of discount on properties puts Suburb at number 194th in terms of most discounted suburbs in WA
Using the current median advertised rental of $420 and the average annual increase in value of a median property of 7.70%, investors should hope to achieve an overall return of 4.28%
Information supplied by:
Lindsay Robeson
Ray White
M
0894997488
O
0427531145
W
raywhiterobeson.com.au
E
Lindsay.robeson@raywhite.com
Property value increases in Aubin Grove have tracked close to the WA average of 5.14% over the last 12 months.
Over the longer term, Aubin Grove has seen property prices show investors a 3.92% return over the last 3 years. This is an improvement over the last 12 months.
Vendor discounting in Aubin Grove is giving property investors an average Vendor Discount of around -4.31%. This puts suburb at number 436th in WA when ranking the most discounted suburbs.
Renters in Suburb are facing rents around $6360 per annum or $530 every week.
Selling points:
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Growing Major centre on southern outskirts of the city
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Growing Suburb in Southern corridor with excellent access via public transport
Most sought-after properties: Cross Section
Most common properties: Cross Section
Top amenities: Huge Shopping Centre, (Currently being further developed), Mixture of high and low density living
Local industry and business: Cross Section. Retails and a very large, and developing, industrial area
Recent changes: Continually being changed by a very progressive City Council
Best streets: Varied
Public transport: Bus, Train, Taxi
Main arteries: Kwinana Freeway