Balcatta

Property investors enjoyed capital gains of 14.72% over the last 12 months in BALCATTA, translating to lower returns compared with its peers in WA.

A survey of average capital gains or median home price increase in suburbs across the country shows that BALCATTA, 6021 obtained a 1.13% growth over a ten-year period. It ranks 1661st on our list of suburbs that property investors should look into.

BALCATTA, 6021 has a capital gain of 14.72% for the past year, which is higher than average compared to its 8.47% growth within a five-year period.

With the median home price in BALCATTA sitting at $413,000, and the average rent at $410, property owners could potentially earn a 5.16% increase in gross rental yield.

A 14.72% increase in median property prices in BALCATTA, 6021 has allowed this suburb to join the ranks of best performing suburbs in WA, settling at number 53rd.

Figures from the previous quarter show that capital gains for real estate buyers in BALCATTA are high, as opposed to average gains per annum over the past five years.

BALCATTA, 6021 in WA belongs to the local government area of Stirling (C).