Property market update: Perth, November 2018
The Perth property market continues to show signs of positivity through record high employment levels and low residential vacancy rates, dri...
The suburb’s capital gain of 1.64% for the past year is lower than average compared to its 29.17% growth within a five-year period.
Also in EASTERN HEIGHTS, the median home price is sitting at $310,000, and the average rent at $300, this suggests property owners could potentially earn a 5.03% increase in gross rental yield.
Property investors have seen a -3.73% drop in EASTERN HEIGHTS based on a decrease 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 1.43% growth over a ten-year period. It ranks 3385th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $310,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -3.73% | N/A |
| Median 12 month | 1.64% | N/A |
| Median 3 years | 15.24% | N/A |
| Median 5 years | 29.17% | N/A |
| 10 years average annual | 1.43% | N/A |
| Weekly media advert. rent | $300 | N/A |
| Time on Market | 55.3 days | N/A |
| Gross Rental Yield Percent | 5.03% | N/A |
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