At number 2670th in the list of Australian suburbs ordered by increase in median house value over the last year, Tuart Hill, 6060 is in the BOTTOM 40% with a property value increase of -2.44% recorded in median house prices.
The five-year average increase in median property values for Tuart Hill,6060 has given property investors a potential capital gain of -17.36% across each of those five years.
Vendor discounting in Tuart Hill is giving property investors an average Vendor Discount of around -7.98%. This puts suburb at number 157th in WA when ranking the most discounted suburbs.
Advertised rents are around the $392.5 mark per week – giving a return of 4.08% based on the median price in Suburb
Tuart Hill has had a pretty average year for property investment returns compared to the rest of WA, giving investors a capital gain of -9.38% to date .
Taking the average capital gain, or increase in median house value, Tuart Hill,6060 has racked up an average of -9.38% over the period. This ranks it number 1492th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Tuart Hill is offering property investors an average of -8.81. This rate of discount on properties puts Suburb at number 43th in terms of most discounted suburbs in WA
Residents and property investors in Tuart Hill have been waiting around 78.9825 days to sell a property.