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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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EstellaEstella - SUBURB PROFILE REPORT
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Property investors have seen a 6.08% gain in ESTELLA based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains ESTELLA, 2650 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 $392,500
Profits averaged 2.63% per annum over a 3-year period, due to an upward trend in home prices in ESTELLA, 2650.
This means, real estate investors could earn a rental income of $390 based on current median home prices for the suburb.
The gross rental yield in ESTELLA, 2650 is 5.17%.
An average of 3.83 real estate transactions take place per month in ESTELLA which translates to 46 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $392,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 6.08% | N/A |
| Median 12 month | 9.41% | N/A |
| Median 3 years | 7.9% | N/A |
| Median 5 years | 13.11% | N/A |
| 10 years average annual | 2% | N/A |
| Weekly media advert. rent | $390 | N/A |
| Time on Market | 77.9 days | N/A |
| Gross Rental Yield Percent | 5.17% | N/A |
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