Property investors who have had real estate in Nickol, 6714 should be pleased with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 15.28%
Over the longer term, Nickol has seen property prices show investors a 60.11% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Nickol is giving property investors an average Vendor Discount of around -4.52%. This puts suburb at number 366th in WA when ranking the most discounted suburbs.
A $580 per week rent on the median house gives suburb investors a gross yield of circa 6.98%, without taking into account capital value appreciation, which has been averaging out at -3.82%.