Property market update: Perth, September 2019
Experts believe that, while other major capital series are on their way to recovery, Perth is just “at the right stage of the property cyc...
A steady increase in median property prices over a five-year period in the suburb translates to a 11.68% capital gain.
Property investors in BUNDAMBA enjoyed capital gains of 4.3% over the last 12 months translating to lower returns compared with its peers in the territory.
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 $315,500.
Profits due to an upward trend in home prices there averaged 3.89% per annum over a 3-year period.
Home owners selling their properties and realtors in BUNDAMBA usually have to wait an average of 68.7 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $327.5 mark, reflecting a 5.4% increase in returns based on the current median price in BUNDAMBA.
BUNDAMBA, 4304 places 261st in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||4.3%||N/A|
|Median 3 years||11.68%||-25.38%|
|Median 5 years||14.73%||-16.73%|
|10 years average annual||1.45%||8.4%|
|Weekly media advert. rent||$327.5||$300|
|Time on Market||68.7 days||0.0 days|
|Gross Rental Yield Percent||5.4%||6.81%|
Ever wondered what amount of rent landlords are charging in other capital cities? New research has the answer. ...
Strong clearance rates have not attracted new sellers, with property listings over the past 28 days falling to its lowest October level sinc...
Rental markets continue to remain sluggish, with national rents down for the third consecutive month. ...
Tune in to the latest episode of Property Showcase, the podcast with the inside track on the products and businesses that will help turbocha...
Over the past three months, clearance rates across the combined capital cities have recorded the strongest peak since the June 2017 quarter....