With a capital gain of -7.98% for the last 12 months, Somerville, 6430 has performed for property investments than its average annual 0.20% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Somerville,6430 has racked up an average of -7.98% over the period. This ranks it number 3041th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Somerville is $432500, with sellers offering an average of -6.04% off the asking price.
Using the current median advertised rental of $520 and the average annual increase in value of a median property of 0.20%, investors should hope to achieve an overall return of 6.25%
Over the last year, property investments in Somerville, 6430 have given investors a capital gain of 1.92%. This compares favourably with the -4.93% for WA as a whole.
While Somerville,6430 ranked number 93th in WA for increase in median house value (annualised) increase, it is ranked 25th over the last 5 years.
The WA suburb of Somerville, 6430 is in the Kalgoorlie/Boulder (C) local government area.