Property investments in WATERFORD did not fare well against the rest of the country last year, registering a median home price decrease of 4.75%.
Real estate investors could earn a rental income of $415 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 132.2 days.
Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $876,000.
WATERFORD ranks 384th on the list of best yielding suburbs for rental properties in WA, posting a 2.46% return.
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