Based on its average 5-year and quarterly capital gains ALFRED COVE, 6154 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that ALFRED COVE, 6154 obtained a 1.72% growth over a ten-year period. It ranks 3302nd on our list of suburbs that property investors should look into.
ALFRED COVE, 6154 in WA belongs to the local government area of Melville.
ALFRED COVE, 6154 has a capital gain of 5.1% for the past year, which is higher than average compared to its 9.26% growth within a five-year period.
With the median home price in ALFRED COVE sitting at $772,500, and the average rent at $410, property owners could potentially earn a 2.76% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in ALFRED COVE are low, as opposed to average gains per annum over the past five years.
A 5.1% increase in median property prices in ALFRED COVE, 6154 has allowed this suburb to join the ranks of best performing suburbs in WA, settling at number 70th.