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...
Property investors enjoyed capital gains of 3.24% over the last 12 months in SHERWOOD, translating to lower returns compared with its peers in QLD.
Figures from the previous quarter show that capital gains for real estate buyers in SHERWOOD are low, as opposed to average gains per annum over the past five years.
The suburb posted a 33.53% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $590 based on current median home prices for the suburb.
On average, rents on listings have reached the $590 mark, reflecting a 2.75% increase in returns based on the current median price in SHERWOOD.
SHERWOOD, 4075 ranks 815th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 715th on the list of best yielding suburbs for rental properties in QLD, posting a 2.75% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.24%||5.19%|
|Median 3 years||33.53%||-2.15%|
|Median 5 years||26.42%||-9.32%|
|10 years average annual||4.29%||1.41%|
|Weekly media advert. rent||$590||$410|
|Time on Market||43.4 days||51.4 days|
|Gross Rental Yield Percent||2.75%||5.07%|