Perth’s property market: Will there be pain ahead?
As investors face uncertainties amid the ongoing health crisis, Western Australians investors ask: will the recovering property market of Pe...
Figures from the previous quarter show that capital gains for real estate buyers in CENTENARY HEIGHTS are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $350 based on current median home prices for the suburb.
On average, rents on listings have reached the $350 mark, reflecting a 5.12% increase in returns based on the current median price in CENTENARY HEIGHTS.
CENTENARY HEIGHTS, 4350 ranks 492nd in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 302nd on the list of best yielding suburbs for rental properties in QLD, posting a 5.12% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $355,250 | $350,000 |
| GROWTH REPORT | ||
| Median Quarterly | -2.67% | 3.86% |
| Median 12 month | -1.32% | 8.53% |
| Median 3 years | -2.67% | 0.86% |
| Median 5 years | 0.07% | 31.09% |
| 10 years average annual | 2.09% | 4.25% |
| Weekly media advert. rent | $350 | $287.5 |
| Time on Market | 51.2 days | 125.4 days |
| Gross Rental Yield Percent | 5.12% | 4.27% |
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