Property market update: Perth, September 2019
Experts believe that, while other major capital series are on their way to recovery, Perth is just “at the right stage of the property cyc...
Figures from the previous quarter show that capital gains for real estate buyers in DEE WHY are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $850 based on current median home prices for the suburb.
On average, rents on listings have reached the $850 mark, reflecting a 2.73% increase in returns based on the current median price in DEE WHY.
DEE WHY, 2099 ranks 1283rd in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 1031st on the list of best yielding suburbs for rental properties in NSW, posting a 2.73% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,618,000 | $765,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.58% | 0% |
| Median 12 month | -11.1% | -5.56% |
| Median 3 years | 5.06% | 14.22% |
| Median 5 years | 72.98% | 42.99% |
| 10 years average annual | 7.58% | 6.87% |
| Weekly media advert. rent | $850 | $560 |
| Time on Market | 38.2 days | 49.4 days |
| Gross Rental Yield Percent | 2.73% | 3.81% |
Experts believe that, while other major capital series are on their way to recovery, Perth is just “at the right stage of the property cyc...
Ever wondered what amount of rent landlords are charging in other capital cities? New research has the answer. ...
Strong clearance rates have not attracted new sellers, with property listings over the past 28 days falling to its lowest October level sinc...
Rental markets continue to remain sluggish, with national rents down for the third consecutive month. ...
Tune in to the latest episode of Property Showcase, the podcast with the inside track on the products and businesses that will help turbocha...
Over the past three months, clearance rates across the combined capital cities have recorded the strongest peak since the June 2017 quarter....
Get notifications in real-time for staying up to date with content that matters to you.