Giving property investors a a poor capital gain of -13.20% for the last year, Castletown, 6450 is the 3673th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Castletown has given property investors a paper return of -7.54%. This puts Suburb as 420 on a list of fastest fasting appreciating suburbs in WA
Our latest figures would indicate that property sellers in Castletown are currently offering property investors an average price cut of -9.14% below the asking price at the moment.
At number 3081 in a list of fastest selling suburbs, Castletown is in the bottom 20% of suburbs in Australia with an average of days on market 108.974 for properties listed there.
Using the current median advertised rental of $330 and the average annual increase in value of a median property of -1.19%, investors should hope to achieve an overall return of 5.38%