How Much is my Home Worth in Balcatta?
The median price for a house in Balcatta as of August 23, 2022, was $570,000. The median price for a unit is $399,000. The 12-month capital growth is at 10.78% for houses and 6.92% for units. The average annual capital growth for houses is 2.27% and 0.91% for units. It takes on average 14 days to sell a house and 14 days to sell a unit in Balcatta. The gross rental yield for a house is 4.51% and 5.59% for a unit. The DSR or Demand to Supply Ratio ranks houses in Balcatta as good. There is a strong demand for houses which is marginally ahead of supply. Vendors are getting the prices they are advertising. As prices are going up you can expect the capital growth to outperform the national average.
Median House prices and rent returns in Balcatta
- 2 bedroom house $410,000 Rent per week $370
- 3 bedroom house $550,000 Rent per week $450
- 4 bedroom house $795,000 Rent per week $550
Median Unit prices and rent returns in Balcatta
- 2 bedroom unit $360,000 Rent per week $380
- 3 bedroom unit $430,000 Rent per week $430
Free Real Estate Appraisal Balcatta
Are you contemplating selling your home or land in Balcatta? We provide accurate and free property appraisals on houses, units and land. We base our final market price on sales history and the location to shops and amenities.
Our team is happy to meet with house and landowners that are interested in selling and want to know the value of their property. Our database has a list of potential buyers that are looking for all types of real estate in Balcatta.
Free Rental Appraisal Balcatta
Do you have an investment property you wish to rent? Or, are you moving and want to rent out your home? Our property managers currently manage over 300 properties. There is no scenario we have not dealt with when it comes to managing real estate. We use the latest software tools to streamline our services. We deal directly with the landlord and keep them up to speed with the rental of their property.
Property Valuation Balcatta
The majority of people believe a property appraisal and a property valuation are the same. In part this is true. However, if for legal purposes you need a valuation then you need to engage the services of a licenced property valuer. This will cost you money. If you just want to know how much your home is worth then any registered real estate agent can give you a price.
How do we appraise a property in Balcatta?
- Location to amenities
- Recent sales history of Balcatta
- Proximity to schools and shops
- Comparison of market values
Lifestyle in Balcatta, Perth
Balcatta is about 13 kilometres north of Perth CBD. Its neighbouring suburbs include Westminster, Gwelup and Hamersley. Three kilometres to the west is the Indian Ocean. Balcatta has a number of parks including the Rickman Delawney Reserve. On the northern border you will find a Bunnings. Balcatta is one of the largest suburbs in Perth with a lot of industrial and commercial businesses.
There are a total of 4 schools in Balcatta.
- Balcatta Senior High School
- Takari Primary School
- Balcatta Primary School
- West Balcatta Primary School
- St Lawrence Primary School
Browse our list of recently sold property in Perth