HIGH WYCOMBE, 6057 ranks 705th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 19.15% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $840,000.
The upward trend in home prices in HIGH WYCOMBE, 6057 averaged 21.04% per annum over a 3-year period.
Average weekly rents on listings have reached the $705 mark, reflecting a 4.36% increase in returns based on the current median price in HIGH WYCOMBE.
An average of 19.08 real estate transactions take place per month in HIGH WYCOMBE which translates to 229 per annum.
229 properties were sold in HIGH WYCOMBE in 2016, making it the 310th most active market in WA based on total real estate transactions.
HIGH WYCOMBE, 6057 places 142nd in Australia based on median property value growth during the quarter.