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1 MIN READ20 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...
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Elizabeth GroveElizabeth Grove - SUBURB PROFILE REPORT
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The suburb’s capital gain of 1.35% for the past year is lower than average compared to its 23.29% growth within a five-year period.
Also in ELIZABETH GROVE, the median home price is sitting at $225,000, and the average rent at $265, this suggests property owners could potentially earn a 6.12% increase in gross rental yield.
Property investors have seen a -1.75% drop in ELIZABETH GROVE based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 1.56% growth over a ten-year period. It ranks 2814th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $225,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -1.75% | N/A |
| Median 12 month | 1.35% | N/A |
| Median 3 years | 9.76% | N/A |
| Median 5 years | 23.29% | N/A |
| 10 years average annual | 1.56% | N/A |
| Weekly media advert. rent | $265 | N/A |
| Time on Market | 49.5 days | N/A |
| Gross Rental Yield Percent | 6.12% | N/A |
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