Property market update: Perth, November 2018
The Perth property market continues to show signs of positivity through record high employment levels and low residential vacancy rates, dri...
Property investors enjoyed capital gains of 4.2% over the last 12 months in CARSS PARK, translating to lower returns compared with its peers in NSW.
The suburb posted a 16.41% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.
On average, rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in CARSS PARK.
CARSS PARK, 2221 ranks 684th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 1487th on the list of best yielding suburbs for rental properties in NSW, posting a 0% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,589,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | N/A | N/A |
| Median 12 month | 4.2% | N/A |
| Median 3 years | 16.41% | N/A |
| Median 5 years | 47.13% | N/A |
| 10 years average annual | 6.25% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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