Property investors enjoyed capital gains of 44.54% over the last 12 months in KARLOO, translating to lower returns compared with its peers in WA.
Figures from the previous quarter show that capital gains for real estate buyers in KARLOO are high, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $430 based on current median home prices for the suburb.
On average, rents on listings have reached the $430 mark, reflecting a 5.2% increase in returns based on the current median price in KARLOO.
KARLOO, 6530 ranks 5th in WA in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 54th on the list of best yielding suburbs for rental properties in WA, posting a 5.2% return.