Bindoon

BINDOON, 6502 ranks 333rd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 23.48% 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 $815,000.

The upward trend in home prices in BINDOON, 6502 averaged 12.71% per annum over a 3-year period.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in BINDOON.

An average of 2.25 real estate transactions take place per month in BINDOON which translates to 27 per annum.

27 properties were sold in BINDOON in 2016, making it the 268th most active market in WA based on total real estate transactions.

BINDOON, 6502 places 447th in Australia based on median property value growth during the quarter.