5 key changes sought to drive WA property market
Politicians are being urged to make real estate a key focus of elections, in a bid to create a fairer and more prosperous market. ...
The suburb’s capital gain of 6.45% for the past year is higher than average compared to its 12.2% growth within a five-year period.
Also in CARLINGFORD, the median home price is sitting at $1,402,500, and the average rent at $595, this suggests property owners could potentially earn a 2.21% increase in gross rental yield.
Property investors have seen a 0.18% gain in CARLINGFORD based on an increase 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 7.54% growth over a ten-year period. It ranks 317th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,402,500 | $720,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0.18% | 0.38% |
| Median 12 month | 6.45% | 2.86% |
| Median 3 years | -2.09% | -2.17% |
| Median 5 years | 12.2% | -4% |
| 10 years average annual | 7.54% | 4.39% |
| Weekly media advert. rent | $595 | $480 |
| Time on Market | 60.5 days | 61.2 days |
| Gross Rental Yield Percent | 2.21% | 3.47% |
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