NULSEN ranks 297th in WA when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of -21.88% for the past year is lower than average compared to its -30.56% growth within a five-year period.
Also in NULSEN, the median home price is sitting at $125,000, and the average rent at $230, this suggests property owners could potentially earn a 9.57% increase in gross rental yield.
Property investors have seen a -3.85% drop in NULSEN based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a -2.83% decrease over a ten-year period. It ranks 3930th on our list of suburbs that property investors should look into.