Port Kennedy has had a quite poor year for property investment returns compared to the rest of WA, giving investors a capital gain of -5.56% to date .
A -16.05% growth in median value for property investors in Port Kennedy,6172 puts this suburb at number 181th in terms of best performing suburbs in WA
Property investors looking for a bargain in Port Kennedy should be aiming for at least -8.09% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 13.00 sales per month, which equates to 156 per year.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of -0.48%, investors should hope to achieve an overall return of 5.35%