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Silver Sands

POSTAL CODE: WA, 6210
HOUSE

SILVER SANDS, 6210 ranks 735th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 17.39% 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 weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $810,000.

The upward trend in home prices in SILVER SANDS, 6210 averaged 15.76% per annum over a 3-year period.

Average weekly rents on listings have reached the $577.5 mark, reflecting a 3.71% increase in returns based on the current median price in SILVER SANDS.

An average of 4.58 real estate transactions take place per month in SILVER SANDS which translates to 55 per annum.

55 properties were sold in SILVER SANDS in 2016, making it the 131st most active market in WA based on total real estate transactions.

SILVER SANDS, 6210 places 402nd in Australia based on median property value growth during the quarter.

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