Bulgarra, 6714 ranked 34th in WA when comparing growth in median property values or capital gain over the last 12 months. Bulgarra is one of 1662 in our list for WA
While Bulgarra,6714 ranked number 157th in WA for increase in median house value (annualised) increase, it is ranked 421th over the last 5 years.
Property investors looking for a bargain in Bulgarra should be aiming for at least -7.24% off the asking price, which is the average vendor discount being achieved at the moment.
At number 28 in a list of fastest selling suburbs, Bulgarra is in the TOP 10% of suburbs in Australia with an average of days on market 29.2258 for properties listed there.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 6.71%, without taking into account capital value appreciation, which has been averaging out at -5.24%.
Our latest figures would indicate that property sellers in Bulgarra are currently offering property investors an average price cut of -5.52% below the asking price at the moment.
Property investors should expect to get $300 weekly from the median priced house in this suburb.