At number 1531th in the list of Australian suburbs ordered by increase in median house value over the last year, Cockburn Central, 6164 is in the BOTTOM 10% with a property value increase of -21.74% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Cockburn Central,6164 has racked up an average of -21.74% over the period. This ranks it number 1491th in the whole country for real estate investors looking at median house price increases.
On average over the past year, suburb has had 3.00 sales per month, which equates to 36 per year.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of -1.80%, investors should hope to achieve an overall return of 5.57%
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Cockburn Central, 6164 is offering WA's 346th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this WA.
Often selling an investment property can take time, and in Cockburn Central the average time real estate has been on the market is 68.75 days.
Growing Major centre on southern outskirts of the city
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