THE VINES ranks 360th in WA when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 12.14% for the past year is lower than average compared to its 66.55% growth within a five-year period.
Also in THE VINES, the median home price is sitting at $1,177,500, and the average rent at $800, this suggests property owners could potentially earn a 3.53% increase in gross rental yield.
Property investors have seen a 9.74% gain in THE VINES based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on THE VINES, 6069 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 12.14%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 6.07% growth over a ten-year period. It ranks 2643rd on our list of suburbs that property investors should look into.