JANDAKOT, 6164 ranks 338th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 24.79% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,316,500.
The upward trend in home prices in JANDAKOT, 6164 averaged 25.85% per annum over a 3-year period.
Average weekly rents on listings have reached the $805 mark, reflecting a 3.18% increase in returns based on the current median price in JANDAKOT.
An average of 3.83 real estate transactions take place per month in JANDAKOT which translates to 46 per annum.
46 properties were sold in JANDAKOT in 2016, making it the 164th most active market in WA based on total real estate transactions.
JANDAKOT, 6164 places 42nd in Australia based on median property value growth during the quarter.