BALCATTA 6021
State: WAPosiProp AI Investment Summary
BALCATTA (WA 6021) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.8% and has experienced a 12-month capital growth of Up 23.8%, with a median house buy price of $1,040,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$765,000
$977,500
$1,383,000
$1,040,000
Suburb Market Profile
Last month Balcatta had 15 properties available for rent and 59 properties for sale. Median property prices over the last year range from $1,040,000 for houses to $800,000 for units. If you are looking for an investment property, consider houses in Balcatta rent out for $760 PW with an annual rental yield of 3.8% and units rent for $700 PW with a rental yield of 5.1%. Balcatta has seen an annual compound growth rate of 23.8% for houses and 32.5% for units.
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