‘Nearology’ Factor Pushing Double-digit Growth In These WA Suburbs
Robust activity in Western Australia’s popular suburbs has caused property prices to skyrocket, yet buyers are still w...
The suburb’s capital gain of 4.7% for the past year is higher than average compared to its 19.14% growth within a five-year period.
Also in EASTERN HEIGHTS, the median home price is sitting at $345,500, and the average rent at $340, this suggests property owners could potentially earn a 5.12% increase in gross rental yield.
Property investors have seen a 4.54% gain in EASTERN HEIGHTS 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 2.34% growth over a ten-year period. It ranks 3335th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||4.7%||N/A|
|Median 3 years||8.14%||N/A|
|Median 5 years||19.14%||N/A|
|10 years average annual||2.34%||N/A|
|Weekly media advert. rent||$340||N/A|
|Time on Market||40.1 days||N/A|
|Gross Rental Yield Percent||5.12%||N/A|