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...
A steady increase in median property prices over a five-year period in the suburb translates to a 43.88% capital gain.
It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,210,000
The augmented property values in the suburb are trailing above the territorial average of 4.62% in 2016.
Home owners selling their properties and realtors in PEARL BEACH usually have to wait an average of 63.8 days days before their assets are lifted off the market.
The NSW suburb ranks 1455th on the list of best yielding suburbs for rental properties in NSW, posting a 0% return.
It also places places 947th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,210,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -2.02% | N/A |
| Median 12 month | 15.24% | N/A |
| Median 3 years | 43.88% | N/A |
| Median 5 years | 70.42% | N/A |
| 10 years average annual | 4.15% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 63.8 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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