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1 MIN READPerth Rentals Down 10-30% From Peak
The Perth rental market has risen in affordability, with a new analysis showing more than 200 suburbs with median house ...
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Rapid CreekRapid Creek - SUBURB PROFILE REPORT
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The suburb’s capital gain of 13.79% for the past year is higher than average compared to its 0.38% growth within a five-year period.
Also in RAPID CREEK, the median home price is sitting at $660,000, and the average rent at $537.5, this suggests property owners could potentially earn a 4.23% increase in gross rental yield.
Property investors have seen a 20% gain in RAPID CREEK based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on RAPID CREEK, 810 can rest assured about this NT suburb's performance. The suburb saw median home prices rise by 13.79%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 0.8% growth over a ten-year period. It ranks 3858th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $660,000 | $280,000 |
| GROWTH REPORT | ||
| Median Quarterly | 20% | -1.75% |
| Median 12 month | 13.79% | -18.84% |
| Median 3 years | 1.54% | -13.45% |
| Median 5 years | 0.38% | -37.78% |
| 10 years average annual | 0.8% | -2.33% |
| Weekly media advert. rent | $537.5 | $360 |
| Time on Market | 0.0 days | 139.1 days |
| Gross Rental Yield Percent | 4.23% | 6.69% |
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