A steady increase in median property prices over a five-year period in the suburb translates to a 84.14% capital gain.
It 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 $685,000
The augmented property values in the suburb are trailing above the territorial average of 13.59% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $600.
Home owners selling their properties and realtors in KELMSCOTT usually have to wait an average of 27.9 days days before their assets are lifted off the market.
The WA suburb ranks 164th on the list of best yielding suburbs for rental properties in WA, posting a 4.55% return.
It also places places 206th in Australia based on median property value growth during the quarter.
Property investors enjoyed capital gains of 11.11% over the last 12 months in KELMSCOTT, 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 KELMSCOTT, 6111 obtained a 7.7% growth over a ten-year period. It ranks 356th on our list of suburbs that property investors should look into.
KELMSCOTT, 6111 has a capital gain of 11.11% for the past year, which is lower than average compared to its 162.5% growth within a five-year period.
With the median home price in KELMSCOTT sitting at $525,000, and the average rent at $555, property owners could potentially earn a 5.5% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in KELMSCOTT are low, as opposed to average gains per annum over the past five years.
KELMSCOTT, 6111 in WA belongs to the local government area of Armadale.