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2 MIN READ‘Nearology’ Factor Pushing Double-digit Growth In These WA Suburbs
Robust activity in Western Australia’s popular suburbs has caused property prices to skyrocket, yet buyers are still w...
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GulmarradGulmarrad - SUBURB PROFILE REPORT
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Property investors have seen a 18.6% gain in GULMARRAD based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on GULMARRAD, 2463 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 32.38%.
Based on its average 5-year and quarterly capital gains GULMARRAD, 2463 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 $695,000
Profits averaged 13% per annum over a 3-year period, due to an upward trend in home prices in GULMARRAD, 2463.
This means, real estate investors could earn a rental income of $550 based on current median home prices for the suburb.
The gross rental yield in GULMARRAD, 2463 is 4.12%.
An average of 3.75 real estate transactions take place per month in GULMARRAD which translates to 45 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $695,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 18.6% | N/A |
| Median 12 month | 32.38% | N/A |
| Median 3 years | 39% | N/A |
| Median 5 years | 59.77% | N/A |
| 10 years average annual | 5.82% | N/A |
| Weekly media advert. rent | $550 | N/A |
| Time on Market | 49.9 days | N/A |
| Gross Rental Yield Percent | 4.12% | N/A |
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