BALLAJURA, 6066 ranks 445th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 21.43% 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 $850,000.
The upward trend in home prices in BALLAJURA, 6066 averaged 23.79% per annum over a 3-year period.
Average weekly rents on listings have reached the $720 mark, reflecting a 4.4% increase in returns based on the current median price in BALLAJURA.
An average of 17.75 real estate transactions take place per month in BALLAJURA which translates to 213 per annum.
213 properties were sold in BALLAJURA in 2016, making it the 327th most active market in WA based on total real estate transactions.
BALLAJURA, 6066 places 182nd in Australia based on median property value growth during the quarter.