BALGA 6061
State: WAPosiProp AI Investment Summary
BALGA (WA 6061) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.0% and has experienced a 12-month capital growth of Up 21.9%, with a median house buy price of $780,000. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
$658,000
$776,000
$935,000
$780,000
Suburb Market Profile
Last month Balga had 54 properties available for rent and 94 properties for sale. Median property prices over the last year range from $780,000 for houses to $620,000 for units. If you are looking for an investment property, consider houses in Balga rent out for $700 PW with an annual rental yield of 5.0% and units rent for $650 PW with a rental yield of 5.5%. Balga has seen an annual compound growth rate of 21.9% for houses and 23.4% for units.
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