Investment property in Mira Mar 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 10.00%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mira Mar has increased when compared to the 5 year average annual rate.
Vendor discounting in Mira Mar is giving property investors an average Vendor Discount of around -4.26%. This puts suburb at number 403th in WA when ranking the most discounted suburbs.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 4.41%, without taking into account capital value appreciation, which has been averaging out at -0.59%.