Property Market Update: Perth, May 2022
Perth continued to outperform its bigger capital counterparts in May, as the city closed up the autumn season with a sol...
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The 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 $365,000.
The upward trend in home prices in GOODNA, 4300 averaged 6.56% per annum over a 3-year period.
Average weekly rents on listings have reached the $350 mark, reflecting a 4.99% increase in returns based on the current median price in GOODNA.
An average of 18.58 real estate transactions take place per month in GOODNA which translates to 223 per annum.
223 properties were sold in GOODNA in 2016, making it the 580th most active market in QLD based on total real estate transactions.
GOODNA, 4300 places 605th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||22.48%||3.07%|
|Median 3 years||19.67%||-5%|
|Median 5 years||16.89%||3.55%|
|10 years average annual||3.67%||3.14%|
|Weekly media advert. rent||$350||$285|
|Time on Market||27.7 days||68.1 days|
|Gross Rental Yield Percent||4.99%||6.78%|