The post-budget guide to commercial property investing

Mckail

POSTAL CODE: WA, 6330
HOUSE

Property investors enjoyed capital gains of 14.13% over the last 12 months in MCKAIL, translating to higher returns compared with its peers in WA.

A survey of average capital gains or median home price increase in suburbs across the country shows that the WA suburb obtained a 7.11% growth over a ten-year period. It ranks 1932nd on our list of suburbs that property investors should look into.

MCKAIL, 6330 has a capital gain of 14.13% for the past year, which is lower than average compared to its 93.25% growth within a five-year period.

With the median home price in MCKAIL sitting at $787,500, and the average rent at $735, property owners could potentially earn a 4.85% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in MCKAIL are low, as opposed to average gains per annum over the past five years.

MCKAIL, 6330 in WA belongs to the local government area of Albany.

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