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...
Figures from the previous quarter show that capital gains for real estate buyers in PALMVIEW 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 $490 based on current median home prices for the suburb.
On average, rents on listings have reached the $490 mark, reflecting a 4.02% increase in returns based on the current median price in PALMVIEW.
PALMVIEW, 4553 ranks 859th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 571st on the list of best yielding suburbs for rental properties in QLD, posting a 4.02% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $634,050 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | -22.2% | N/A |
| Median 3 years | N/A | N/A |
| Median 5 years | 11.04% | N/A |
| 10 years average annual | -2.48% | N/A |
| Weekly media advert. rent | $490 | N/A |
| Time on Market | 80.8 days | N/A |
| Gross Rental Yield Percent | 4.02% | N/A |
The Perth property market continues to show signs of positivity through record high employment levels and low residential vacancy rates, dri...
Property investors are increasingly turning their skill for spotting a bargain into a lucrative career as a buyer’s agent. We spoke to a p...
With the Morrison government declaring that the next budget will be a return to surplus, and an election right around the corner, a property...
An insurance body has reminded investors that use short-term letting platforms are placing assets and financial stability at risk if they do...
No capital cities recorded a value rise over the last week, with only one avoiding a value fall, new data shows. ...
The new body that fields financial complaints has fielded over 13,000 enquiries in its first month, including those relating to investment p...