SILVER SANDS, 6210 ranks 576th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 21.62% 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 $900,000.
The upward trend in home prices in SILVER SANDS, 6210 averaged 22.22% per annum over a 3-year period.
Average weekly rents on listings have reached the $645 mark, reflecting a 3.73% increase in returns based on the current median price in SILVER SANDS.
An average of 3.75 real estate transactions take place per month in SILVER SANDS which translates to 45 per annum.
45 properties were sold in SILVER SANDS in 2016, making it the 168th most active market in WA based on total real estate transactions.
SILVER SANDS, 6210 places 97th in Australia based on median property value growth during the quarter.