Mount Helena

MOUNT HELENA, 6082 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in WA have risen as a whole, pulling MOUNT HELENA, 6082 values up and netting property investors a capital gain of 6.25% for the past year.

Investors saw the median home price rise to $595,000.

Profits due to an upward trend in home prices in the suburb averaged 6.61% per annum over a 3-year period.

MOUNT HELENA now ranks at the 94th place on a list of fastest growing suburbs in the territory.

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

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In MOUNT HELENA, homes and units usually stay on listing for an average of 26.3 days.

In 2016, 73 properties were sold in MOUNT HELENA during the past year, making it the 61st most active market in WA based on total real estate transactions.