Property investors enjoyed capital gains of 4.55% over the last 12 months in KUNUNURRA, 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 -2.37% decrease over a ten-year period. It ranks 3950th on our list of suburbs that property investors should look into.
KUNUNURRA, 6743 has a capital gain of 4.55% for the past year, which is higher than average compared to its -26.05% growth within a five-year period.
With the median home price in KUNUNURRA sitting at $345,000, and the average rent at $430, property owners could potentially earn a 6.48% increase in gross rental yield.
A 4.55% increase in median property prices in KUNUNURRA, 6743 has allowed this suburb to join the ranks of best performing suburbs in WA, settling at number 78th.
Figures from the previous quarter show that capital gains for real estate buyers in KUNUNURRA are high, as opposed to average gains per annum over the past five years.
KUNUNURRA, 6743 in WA belongs to the local government area of Wyndham-East Kimberley.