Dodgy ‘roof repairing’ conmen exploiting property owners
The Western Australian government has put out a call for WA property owners to watch out for roof repair conmen who are asking payment for w...
The suburb’s capital gain of 0.11% for the past year is lower than average compared to its 14.85% growth within a five-year period.
Also in ORMISTON, the median home price is sitting at $669,000, and the average rent at $537.5, this suggests property owners could potentially earn a 4.18% increase in gross rental yield.
Property investors have seen a 0% gain in ORMISTON based on an increase 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 1.5% growth over a ten-year period. It ranks 3455th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $669,000 | $411,250 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | 2.17% |
| Median 12 month | 0.11% | 3.07% |
| Median 3 years | -1.62% | 9.67% |
| Median 5 years | 14.85% | 16.34% |
| 10 years average annual | 1.5% | 2.06% |
| Weekly media advert. rent | $537.5 | $420 |
| Time on Market | 57.8 days | 92.8 days |
| Gross Rental Yield Percent | 4.18% | 5.31% |
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