Perth Unit Market Takes Over In A Post-COVID Country First
Perth unit sales have risen by over 50 per cent in the past year, building on the capital’s current recovery trend. ...
Also in ULTIMO, the median home price is sitting at $1,215,000, and the average rent at $677.5, this suggests property owners could potentially earn a 2.9% increase in gross rental yield.
Property investors have seen a -3.19% drop in ULTIMO based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 12.76% growth over a ten-year period. It ranks 3168th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||13.22%|
|Median 3 years||N/A||-2.36%|
|Median 5 years||-12.9%||14.62%|
|10 years average annual||12.76%||6.8%|
|Weekly media advert. rent||$677.5||$525|
|Time on Market||0.0 days||87.3 days|
|Gross Rental Yield Percent||2.9%||3.66%|