Perth sales strongest in 5 years
New data from the Real Estate Institute of Western Australia has revealed that June saw the biggest month of sales in Perth since 2015. ...
Property investors have seen a -3.62% drop in BELLA VISTA based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains BELLA VISTA, 2153 saw average growth in the long term.
The NSW suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,583,000
Profits averaged 1.38% per annum over a 3-year period, due to an upward trend in home prices in BELLA VISTA, 2153.
This means, real estate investors could earn a rental income of $760 based on current median home prices for the suburb.
The gross rental yield in BELLA VISTA, 2153 is 2.5%.
An average of 7.17 real estate transactions take place per month in BELLA VISTA which translates to 86 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,583,000 | $847,500 |
| GROWTH REPORT | ||
| Median Quarterly | -3.62% | 12.21% |
| Median 12 month | 3.8% | -1.8% |
| Median 3 years | 4.14% | N/A |
| Median 5 years | 30.11% | N/A |
| 10 years average annual | 7.31% | 22.62% |
| Weekly media advert. rent | $760 | $620 |
| Time on Market | 50.4 days | 0.0 days |
| Gross Rental Yield Percent | 2.5% | 3.8% |
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