WA has seen average median house prices change by -2.50% which means that West Lamington, 6430 has not done well for property investors by showing a capital gain of 10.16% over the last year
While West Lamington,6430 ranked number 97th in WA for increase in median house value (annualised) increase, it is ranked 348th over the last 5 years.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.15% offered to property buyers. Sellers in West Lamington itself are offering an average vendor discount of -8.58% to real estate investors.
A $375 per week rent on the median house gives suburb investors a gross yield of circa 5.53%, without taking into account capital value appreciation, which has been averaging out at 0.94%.