Waggrakine has had a very poor year for property investment returns compared to the rest of WA, giving investors a capital gain of -14.53% to date .
Across a shorter period, Waggrakine, 6530 has seen a median price increase of 4.17% over the last quarter.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.00% offered to property buyers. Sellers in Waggrakine itself are offering an average vendor discount of -11.52% to real estate investors.
On average over the past year, suburb has had 2.33 sales per month, which equates to 28 per year.
Advertised rents are around the $310 mark per week – giving a return of 6.45% based on the median price in Suburb