Investment property in Baldivis has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.30%
Comparing Baldivis,6171 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Sellers are offering property buyers an average discount of -8.05% to buyers in Baldivis at the moment, which is less than average for the rest of WA.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 4.79%, without taking into account capital value appreciation, which has been averaging out at 7.85%.
At number 60th in the list of Australian suburbs ordered by increase in median house value over the last year, Baldivis, 6171 is in the top 10% with a property value increase of 22.88% recorded in median house prices.
Across a shorter period, Baldivis, 6171 has seen a median price increase of 6.86% over the last quarter.
Situated 41.48km from the CBD, Baldivis is one of Rockingham (C) localities in the postcode 6171.
Information supplied by:
My Place Real Estate
Baldivis is an average performer in WA when comparing median price capital growth over the last year. Baldivis gave property investors a average capital gain figure when compared to the rest of the state, with 3.53%.
Comparing Baldivis,6171 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period.
Property investors looking for a bargain in Baldivis should be aiming for at least -7.15% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 21.59%, investors should hope to achieve an overall return of 5.32%.
Selling points: Good variety of homes from cottage lots to large acreage farms.
Most sought-after properties: 3x2 homes on cottage lot near amenities and 4x2 family homes with some garden and space for children.
Most common properties: as above
Great local shopping centre
Village style specialty shops
New high school
5 primary schools and 2 more on the way
Local industry and business: Lots of small business working from home. Lots of FIFO workers.
New estatates, new subdivisions constantly changing landscape
Mundijong road and safety bay road
stake hill road– East West
Baldivis road – South North