With a capital gain of 26.61% for the last 12 months, Pegs Creek, 6714 has performed for property investments than its average annual -4.41% property growth over the last 5 years.
Over the longer term, Pegs Creek has seen property prices show investors a 28.97% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Pegs Creek, 6714. Typically our figures indicate that -6.43% is being offered, which puts this WA suburb at 1782th most discounted overall in Australia.
In the last year 46 properties changed hands in Pegs Creek, which puts it as the 234th most active market in WA when comparing the number of sales per suburb.
Using the current median advertised rental of $405 and the average annual increase in value of a median property of -4.41%, investors should hope to achieve an overall return of 6.10%
At number 25th in the list of Australian suburbs ordered by increase in median house value over the last year, Pegs Creek, 6714 is in the top 10% with a property value increase of 30.00% recorded in median house prices.
Across a shorter period, Pegs Creek, 6714 has seen a median price increase of -1.02% over the last quarter.
Pegs Creek is 4th on a list of best yielding suburbs for rents in WA with a 12.40% return