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 4.7% and has experienced a 12-month capital growth of Up 21.0%, with a median house buy price of $841,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$615,000
$790,000
$880,000
$841,000
Suburb Market Profile
Last month Banksia Grove had 30 properties available for rent and 71 properties for sale. Median property prices over the last year range from $841,000 for houses to $698,800 for units. If you are looking for an investment property, consider houses in Banksia Grove rent out for $750 PW with an annual rental yield of 4.7% and units rent for $670 PW with a rental yield of 5.1%. Banksia Grove has seen an annual compound growth rate of 21.0% for houses and 16.5% for units.
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