BANKSIA GROVE 6031
State: WAPosiProp AI Investment Summary
BANKSIA GROVE (WA 6031) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.5% and has experienced a 12-month capital growth of Up 15.4%, with a median house buy price of $780,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$575,000
$703,500
$840,000
$780,000
Suburb Market Profile
Last month Banksia Grove had 30 properties available for rent and 29 properties for sale. Median property prices over the last year range from $780,000 for houses to $698,800 for units. If you are looking for an investment property, consider houses in Banksia Grove rent out for $720 PW with an annual rental yield of 4.5% and units rent for $613 PW with a rental yield of 4.8%. Banksia Grove has seen an annual compound growth rate of 15.4% for houses and 34.4% for units.