‘Nearology’ Factor Pushing Double-digit Growth In These WA Suburbs
Robust activity in Western Australia’s popular suburbs has caused property prices to skyrocket, yet buyers are still w...
The suburb’s capital gain of 0% for the past year is lower than average compared to its 42.86% growth within a five-year period.
Also in BUNDEENA, the median home price is sitting at $1,300,000, and the average rent at $682.5, this suggests property owners could potentially earn a 2.73% increase in gross rental yield.
Property investors have seen a 4% gain in BUNDEENA 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 6.93% growth over a ten-year period. It ranks 1188th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||0%||N/A|
|Median 3 years||40.09%||N/A|
|Median 5 years||42.86%||N/A|
|10 years average annual||6.93%||N/A|
|Weekly media advert. rent||$682.5||N/A|
|Time on Market||55.8 days||N/A|
|Gross Rental Yield Percent||2.73%||N/A|