Perth’s sales listings hit 10-year low
Perth is experiencing an “extraordinary” decline in listing volumes, with sales listings hitting a 10-year low in February. ...
Based on its average 5-year and quarterly capital gains EASTWOOD, 5063 saw average growth in the long term.
Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Profits due to an upward trend in home prices in EASTWOOD, 5063 averaged 1.86% per annum over a 3-year period.
Average weekly rents on listings have reached the $465 mark, reflecting a 3.96% increase in returns based on the current median price in EASTWOOD.
An average of 1.75 real estate transactions take place per month in EASTWOOD which translates to 21 per annum.
21 properties were sold in EASTWOOD during the past year, making it the 67th most active market in SA based on total real estate transactions.
EASTWOOD, 5063 places 22nd in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | N/A | $610,000 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | 6.09% |
| Median 12 month | N/A | -9.63% |
| Median 3 years | N/A | 5.58% |
| Median 5 years | N/A | 15.64% |
| 10 years average annual | N/A | 1.4% |
| Weekly media advert. rent | N/A | $465 |
| Time on Market | N/A | 114.6 days |
| Gross Rental Yield Percent | N/A | 3.96% |
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