Mckail

Property investors enjoyed capital gains of 3.38% over the last 12 months in MCKAIL, translating to lower 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 0.68% growth over a ten-year period. It ranks 3575th on our list of suburbs that property investors should look into.

MCKAIL, 6330 has a capital gain of 3.38% for the past year, which is higher than average compared to its -3.89% growth within a five-year period.

With the median home price in MCKAIL sitting at $382,500, and the average rent at $400, property owners could potentially earn a 5.44% increase in gross rental yield.

A 3.38% increase in median property prices in MCKAIL, 6330 has allowed this suburb to join the ranks of best performing suburbs in WA, settling at number 98th.

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

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