
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...
Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains KOBBLE CREEK, 4520 saw average growth in the long term.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 15.9 days.
Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $1,162,500.
KOBBLE CREEK ranks 973rd on the list of best yielding suburbs for rental properties in QLD, posting a 0% return.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $1,162,500 | N/A |
GROWTH REPORT | ||
Median Quarterly | 1.09% | N/A |
Median 12 month | N/A | N/A |
Median 3 years | N/A | N/A |
Median 5 years | 50% | N/A |
10 years average annual | 20.92% | N/A |
Weekly media advert. rent | N/A | N/A |
Time on Market | 15.9 days | N/A |
Gross Rental Yield Percent | N/A | N/A |