Dodgy ‘roof repairing’ conmen exploiting property owners
The Western Australian government has put out a call for WA property owners to watch out for roof repair conmen who are asking payment for w...
Property investors have seen a -6% drop in WHITE ROCK based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains WHITE ROCK, 4868 saw average growth in the long term.
The QLD 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 $290,000
Profits averaged -4.04% per annum over a 3-year period, due to an downward trend in home prices in WHITE ROCK, 4868.
This means, real estate investors could earn a rental income of $375 based on current median home prices for the suburb.
The gross rental yield in WHITE ROCK, 4868 is 6.72%.
An average of 4.5 real estate transactions take place per month in WHITE ROCK which translates to 54 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $290,000 | $263,500 |
| GROWTH REPORT | ||
| Median Quarterly | -6% | -2.41% |
| Median 12 month | -4.92% | -9.14% |
| Median 3 years | -12.12% | 8.21% |
| Median 5 years | 3.57% | -2.04% |
| 10 years average annual | -0.48% | 0.23% |
| Weekly media advert. rent | $375 | $360 |
| Time on Market | 83.5 days | 100.6 days |
| Gross Rental Yield Percent | 6.72% | 7.1% |
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