If you compare the increase in value of investment property in Binningup, 6233 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -3.67%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Binningup has increased when compared to the 5 year average annual rate.
Binningup, 6233 is offering WA ‘s 293th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this WA.
In the last year 25 properties changed hands in Binningup, which puts it as the 337th most active market in WA when comparing the number of sales per suburb.
With the median price for a house in Binningup being $407000 and the advertised rent reaching $335 the gross rental yield for property investors calculates out to be 4.28%