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...
Property investors have seen a -0.18% drop in MARMONG POINT based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MARMONG POINT, 2284 saw average growth in the long term.
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 $556,500
Profits averaged 7.71% per annum over a 3-year period, due to an upward trend in home prices in MARMONG POINT, 2284.
The gross rental yield in MARMONG POINT, 2284 is 0%.
An average of 1.33 real estate transactions take place per month in MARMONG POINT which translates to 16 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $556,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.18% | N/A |
| Median 12 month | -2.37% | N/A |
| Median 3 years | 23.12% | N/A |
| Median 5 years | 27.93% | N/A |
| 10 years average annual | 5.08% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 51.7 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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