20 Perth Suburbs That Have Already Surpassed Expert Predictions
The REIWA’s earlier forecasts for Perth’s property market are on track to be exceeded, with 20 suburbs recording bet...
Property investors enjoyed capital gains of 15.91% over the last 12 months in LOCKLEYS, translating to lower returns compared with its peers in SA.
A survey of average capital gains or median home price increase in suburbs across the country shows that the SA suburb obtained a 3.86% growth over a ten-year period. It ranks 1855th on our list of suburbs that property investors should look into.
LOCKLEYS, 5032 has a capital gain of 15.91% for the past year, which is higher than average compared to its 20.95% growth within a five-year period.
With the median home price in LOCKLEYS sitting at $765,000, and the average rent at $465, property owners could potentially earn a 3.16% increase in gross rental yield.
A 15.91% increase in median property prices in LOCKLEYS, 5032 has allowed this suburb to join the ranks of best performing suburbs in SA, settling at number 34th.
Figures from the previous quarter show that capital gains for real estate buyers in LOCKLEYS are high, as opposed to average gains per annum over the past five years.
LOCKLEYS, 5032 in SA belongs to the local government area of West Torrens (C).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||15.91%||14.58%|
|Median 3 years||12.67%||14.58%|
|Median 5 years||20.95%||74.8%|
|10 years average annual||3.86%||6.47%|
|Weekly media advert. rent||$465||$330|
|Time on Market||63.6 days||60.5 days|
|Gross Rental Yield Percent||3.16%||3.86%|