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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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MundoolunMundoolun - SUBURB PROFILE REPORT
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Property investors have seen a 3.35% gain in MUNDOOLUN based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MUNDOOLUN, 4285 saw average growth in the long term.
The QLD 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 $617,500
Profits averaged 3.26% per annum over a 3-year period, due to an upward trend in home prices in MUNDOOLUN, 4285.
This means, real estate investors could earn a rental income of $540 based on current median home prices for the suburb.
The gross rental yield in MUNDOOLUN, 4285 is 4.55%.
An average of 2.92 real estate transactions take place per month in MUNDOOLUN which translates to 35 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $617,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 3.35% | N/A |
| Median 12 month | 6.93% | N/A |
| Median 3 years | 9.78% | N/A |
| Median 5 years | 17.06% | N/A |
| 10 years average annual | 2.49% | N/A |
| Weekly media advert. rent | $540 | N/A |
| Time on Market | 63.3 days | N/A |
| Gross Rental Yield Percent | 4.55% | N/A |
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