5 key changes sought to drive WA property market
Politicians are being urged to make real estate a key focus of elections, in a bid to create a fairer and more prosperous market. ...
The suburb’s capital gain of -15.15% for the past year is lower than average compared to its 13.25% growth within a five-year period.
Also in THE ENTRANCE, the median home price is sitting at $560,000, and the average rent at $400, this suggests property owners could potentially earn a 3.71% increase in gross rental yield.
Property investors have seen a -4.68% drop in THE ENTRANCE 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 5.8% growth over a ten-year period. It ranks 26th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $560,000 | $470,000 |
| GROWTH REPORT | ||
| Median Quarterly | -4.68% | 4.44% |
| Median 12 month | -15.15% | 3.87% |
| Median 3 years | -16.42% | 4.44% |
| Median 5 years | 13.25% | 27.03% |
| 10 years average annual | 5.8% | 3.99% |
| Weekly media advert. rent | $400 | $387.5 |
| Time on Market | 64.3 days | 107.1 days |
| Gross Rental Yield Percent | 3.71% | 4.29% |
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