Bulgarra has had a A very good year for property investment returns compared to the rest of WA, giving investors a capital gain of 12.42% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Bulgarra comes in at number 7th in WA.
Vendor discounting in Bulgarra is giving property investors an average Vendor Discount of around -6.29%. This puts suburb at number 313th in WA when ranking the most discounted suburbs.
On average over the past year, suburb has had 5.75 sales per month, which equates to 69 per year.
A $420 per week rent on the median house gives suburb investors a gross yield of circa 6.52%, without taking into account capital value appreciation, which has been averaging out at -4.00%.
At number 2nd in the list of Australian suburbs ordered by increase in median house value over the last year, Bulgarra, 6714 is in the top 10% with a property value increase of 47.87% recorded in median house prices.
While Bulgarra,6714 ranked number 5th in WA for increase in median house value (annualised) increase, it is ranked 99th over the last 5 years.
Using the current median advertised rental of $300 and the average annual increase in value of a median property of 10.43%, investors should hope to achieve an overall return of 11.22%