Hammond Park is in the bottom 30% in WA when comparing median price capital growth over the last year. Hammond Park gave property investors a disappointing capital gain figure when compared to the rest of the state, with -8.17%.
Over the longer term, Hammond Park has seen property prices show investors a -8.17% return over the last 3 years. This is the same as over the last 12 months
Hammond Park6164 is located in WA which offers an average discount of -7.91% to property investors. Hammond Park itself is showing figures that indicate -8.31% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Hammond Park the average time real estate has been on the market is 119.841 days.
Renters in Suburb are facing rents around $20540 per annum or $395 every week.
Property investors who have had real estate in Hammond Park, 6164 should be relatively pleased with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.95%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Hammond Park has fallen somewhat when compared to the 5 year average annual rate.
On average over the past year, suburb has had 1.08 sales per month, which equates to 13 per year.
Advertised rents are around the $350 mark per week – giving a return of 5.07% based on the median price in Suburb