Erskine is in the TOP 30% in WA when comparing median price capital growth over the last year. Erskine gave property investors a good capital gain figure when compared to the rest of the state, with 1.01%.
Over the longer term, Erskine has seen property prices show investors a -5.00% return over the last 3 years. This is an improvement over the last 12 months
Property buyers and investors in Erskine 6210 should be seeing an average reduction in asking price of around -6.71% . This means that Erskine is holding prices well when compared to other suburbs in WA.
A $340 per week rent on the median house gives suburb investors a gross yield of circa 4.43%, without taking into account capital value appreciation, which has been averaging out at 1.55%.
Erskine is in the TOP 10% in WA when comparing median price capital growth over the last year. Erskine gave property investors a very good capital gain figure when compared to the rest of the state, with 9.90%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Erskine has fallen somewhat when compared to the 5 year average annual rate.