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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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ClareClare - SUBURB PROFILE REPORT
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Property investors have seen a 12.02% gain in CLARE based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains CLARE, 5453 saw average growth in the long term.
The SA 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 $325,000
Profits averaged -0.51% per annum over a 3-year period, due to an downward trend in home prices in CLARE, 5453.
This means, real estate investors could earn a rental income of $300 based on current median home prices for the suburb.
The gross rental yield in CLARE, 5453 is 4.8%.
An average of 6.92 real estate transactions take place per month in CLARE which translates to 83 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $325,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 12.02% | N/A |
| Median 12 month | 8.34% | N/A |
| Median 3 years | -1.52% | N/A |
| Median 5 years | 16.49% | N/A |
| 10 years average annual | 1.37% | N/A |
| Weekly media advert. rent | $300 | N/A |
| Time on Market | 127.4 days | N/A |
| Gross Rental Yield Percent | 4.8% | N/A |
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