Perth’s property market: Will there be pain ahead?
As investors face uncertainties amid the ongoing health crisis, Western Australians investors ask: will the recovering property market of Pe...
The NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $639,500
Profits averaged -4.72% per annum over a 3-year period, due to an downward trend in home prices in KOOLEWONG, 2256.
This means, real estate investors could earn a rental income of $500 based on current median home prices for the suburb.
The gross rental yield in KOOLEWONG, 2256 is 4.07%.
An average of 1.42 real estate transactions take place per month in KOOLEWONG which translates to 17 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $639,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | N/A | N/A |
| Median 12 month | -35.73% | N/A |
| Median 3 years | -14.16% | N/A |
| Median 5 years | 23.57% | N/A |
| 10 years average annual | 5.49% | N/A |
| Weekly media advert. rent | $500 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 4.07% | N/A |
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