Investment property in Withers has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.82%
When looking at the potential capital gains offered to property investors over the last 3 years, Withers comes in at number 47th in WA.
LACK OF BUYER INTEREST may well be the reason that Withers is offering property investors an average of -5.19. This rate of discount on properties puts Suburb at number 68th in terms of most discounted suburbs in WA
At number 2442 in a list of fastest selling suburbs, Withers is in the bottom 30% of suburbs in Australia with an average of days on market 79.7941 for properties listed there.
If you compare the increase in value of investment property in Withers, 6230 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -49.74%.
State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.76% offered to property buyers. Sellers in Withers itself are offering an average vendor discount of -13.17% to real estate investors.