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1 MIN READ20 Perth Suburbs That Have Already Surpassed Expert Predictions
The REIWA’s earlier forecasts for Perth’s property market are on track to be exceeded, with 20 suburbs recording bet...
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The EntranceThe Entrance - SUBURB PROFILE REPORT
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The suburb’s capital gain of 0.75% for the past year is lower than average compared to its 16.25% growth within a five-year period.
Also in THE ENTRANCE, the median home price is sitting at $604,500, and the average rent at $420, this suggests property owners could potentially earn a 3.61% increase in gross rental yield.
Property investors have seen a 4.22% gain in THE ENTRANCE 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 6.56% growth over a ten-year period. It ranks 634th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $604,500 | $460,000 |
| GROWTH REPORT | ||
| Median Quarterly | 4.22% | 0% |
| Median 12 month | 0.75% | 2.22% |
| Median 3 years | -13.33% | 5.32% |
| Median 5 years | 16.25% | 24.32% |
| 10 years average annual | 6.56% | 4.1% |
| Weekly media advert. rent | $420 | $390 |
| Time on Market | 60.0 days | 101.1 days |
| Gross Rental Yield Percent | 3.61% | 4.41% |
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