Giving property investors a a solid capital gain of 9.63% for the last year, Golden Bay, 6174 is the 506th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Golden Bay comes in at number 109th in WA.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.58% offered to property buyers. Sellers in Golden Bay itself are offering an average vendor discount of -10.08% to real estate investors.
In the last year 65 properties changed hands in Golden Bay, which puts it as the 170th most active market in WA when comparing the number of sales per suburb.
Using the current median advertised rental of $330 and the average annual increase in value of a median property of 0.57%, investors should hope to achieve an overall return of 4.64%