Northam

POSTAL CODE: WA, 6401
HOUSE

Property investors enjoyed capital gains of 28.21% over the last 12 months in NORTHAM, 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 9.16% growth over a ten-year period. It ranks 480th on our list of suburbs that property investors should look into.

NORTHAM, 6401 has a capital gain of 28.21% for the past year, which is higher than average compared to its 124.72% growth within a five-year period.

With the median home price in NORTHAM sitting at $500,000, and the average rent at $550, property owners could potentially earn a 5.72% increase in gross rental yield.

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

NORTHAM, 6401 in WA belongs to the local government area of Northam.

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