
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 Price | $690,000 | $606,500 |
GROWTH REPORT | ||
Median Quarterly | -3.5% | 2.8% |
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 |