Top 10 Suburbs For Unit Price Growth In Perth
In July 2021, a CoreLogic study showed a record high gap between median house and unit prices in the Australian property...
The suburb’s capital gain of 5.66% for the past year is higher than average compared to its 13.51% growth within a five-year period.
Also in FAIRFIELD HEIGHTS, the median home price is sitting at $840,000, and the average rent at $470, this suggests property owners could potentially earn a 2.91% increase in gross rental yield.
Property investors have seen a 2.44% gain in FAIRFIELD HEIGHTS 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 7.37% growth over a ten-year period. It ranks 828th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||5.66%||-3.94%|
|Median 3 years||6.27%||N/A|
|Median 5 years||13.51%||6.06%|
|10 years average annual||7.37%||6.5%|
|Weekly media advert. rent||$470||$420|
|Time on Market||71.4 days||0.0 days|
|Gross Rental Yield Percent||2.91%||3.81%|