Property market update: Perth, September 2019
Experts believe that, while other major capital series are on their way to recovery, Perth is just “at the right stage of the property cyc...
The suburb’s capital gain of -4.52% for the past year is lower than average compared to its 47.52% growth within a five-year period.
Also in HEATHCOTE, the median home price is sitting at $950,000, and the average rent at $650, this suggests property owners could potentially earn a 3.56% increase in gross rental yield.
Property investors have seen a -2.06% drop in HEATHCOTE based on a decrease 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 7.02% growth over a ten-year period. It ranks 1032nd on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $950,000 | $720,000 |
| GROWTH REPORT | ||
| Median Quarterly | -2.06% | -0.69% |
| Median 12 month | -4.52% | -9.43% |
| Median 3 years | 7.34% | 10.77% |
| Median 5 years | 47.52% | 38.73% |
| 10 years average annual | 7.02% | 7.38% |
| Weekly media advert. rent | $650 | $535 |
| Time on Market | 48.0 days | 42.0 days |
| Gross Rental Yield Percent | 3.56% | 3.86% |
Experts believe that, while other major capital series are on their way to recovery, Perth is just “at the right stage of the property cyc...
Ever wondered what amount of rent landlords are charging in other capital cities? New research has the answer. ...
Strong clearance rates have not attracted new sellers, with property listings over the past 28 days falling to its lowest October level sinc...
Rental markets continue to remain sluggish, with national rents down for the third consecutive month. ...
Tune in to the latest episode of Property Showcase, the podcast with the inside track on the products and businesses that will help turbocha...
Over the past three months, clearance rates across the combined capital cities have recorded the strongest peak since the June 2017 quarter....
Get notifications in real-time for staying up to date with content that matters to you.