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...
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $390,000.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in CAWARRAL.
An average of 1.08 real estate transactions take place per month in CAWARRAL which translates to 13 per annum.
13 properties were sold in CAWARRAL in 2016, making it the 734th most active market in QLD based on total real estate transactions.
CAWARRAL, 4702 places 613th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $390,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -2.5% | N/A |
| Median 12 month | N/A | N/A |
| Median 3 years | N/A | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | 10.02% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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