Property Market Update: Perth, May 2022
Perth continued to outperform its bigger capital counterparts in May, as the city closed up the autumn season with a sol...
The suburb’s capital gain of 9.7% for the past year is lower than average compared to its 56.82% growth within a five-year period.
This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.
Property investors have seen a -3.5% drop in BERMAGUI 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 6.39% growth over a ten-year period. It ranks 1764th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||9.7%||N/A|
|Median 3 years||38.28%||89.09%|
|Median 5 years||56.82%||124.63%|
|10 years average annual||6.39%||9.4%|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||51.0 days||73.6 days|
|Gross Rental Yield Percent||N/A||N/A|