Top 10 Suburbs For Unit Price Growth In Perth
In July 2021, a CoreLogic study showed a record high gap between median house and unit prices in the Australian property...
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $957,500.
The downward trend in home prices in BUNGARRIBEE, 2767 averaged -1.58% per annum over a 3-year period.
Average weekly rents on listings have reached the $600 mark, reflecting a 3.26% increase in returns based on the current median price in BUNGARRIBEE.
An average of 2 real estate transactions take place per month in BUNGARRIBEE which translates to 24 per annum.
24 properties were sold in BUNGARRIBEE in 2016, making it the 831st most active market in NSW based on total real estate transactions.
BUNGARRIBEE, 2767 places 1371st in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||11.37%||N/A|
|Median 3 years||-4.73%||N/A|
|Median 5 years||17.48%||N/A|
|10 years average annual||7.06%||N/A|
|Weekly media advert. rent||$600||N/A|
|Time on Market||68.0 days||N/A|
|Gross Rental Yield Percent||3.26%||N/A|