Property investors enjoyed capital gains of 33.09% over the last 12 months in UTAKARRA, 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 0.01% growth over a ten-year period. It ranks 3818th on our list of suburbs that property investors should look into.
UTAKARRA, 6530 has a capital gain of 33.09% for the past year, which is higher than average compared to its -16.29% growth within a five-year period.
With the median home price in UTAKARRA sitting at $185,000, and the average rent at $239.5, property owners could potentially earn a 6.73% increase in gross rental yield.
A 33.09% increase in median property prices in UTAKARRA, 6530 has allowed this suburb to join the ranks of best performing suburbs in WA, settling at number 4th.
UTAKARRA, 6530 in WA belongs to the local government area of Geraldton-Greenough.