Property investors who have had real estate in Margaret River, 6285 should be ok with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.65%
Over the longer term, Margaret River has seen property prices show investors a 7.97% return over the last 3 years. This is worse than over the last 12 months
Renters in Suburb are facing rents around $5040 per annum or $420 every week.
Margaret River, 6285 ranked 9th in WA when comparing growth in median property values or capital gain over the last 12 months. Margaret River is one of 1662 in our list for WA
When looking at the potential capital gains offered to property investors over the last 3 years, Margaret River comes in at number 3rd in WA.
Margaret River is 41th on a list of best yielding suburbs for rents in WA with a 4.78% return
The coastside suburb of Margaret River may be located some distance away from the CBD, but that hasn’t stopped it from rising in popularity in the face of the WA property market’s problems.Full summary
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Wine town’s reputation boosts apartment values
Median unit price: $342,000
Three-year growth: 11.04%
Rental yield: 4.87%
The coastside suburb of Margaret River may be located some distance away from the CBD, but that hasn’t stopped it from rising in popularity in the face of the WA property market’s problems.
Affordability is definitely a factor here, with the median unit price coming in at just over $340,000. The rental yield is also reasonably high at 4.9%, which could attract investors. Currently, vacancies are tight, with growth peaking at 14% in the past 12 months. The same rate was retained in the February 2017 quarter.
Tourism has kept the suburb going strong in the aftermath of the resources downturn, with its renowned wine region at the forefront. There are also several well-known caves for exploration, the most famous being Mammoth Cave. Being near the water, “Margs” is also visited by many surfers. Bus services to the city are available as well.