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Perth

Suburb Profile

Perth - FREE SUBURB PROFILE REPORT
POSTAL CODE: TAS,7300

house
unit

PERTH, 7300 ranks 333rd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 13.4% for property investors.

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The 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 $370,250.

The upward trend in home prices in PERTH, 7300 averaged 8.5% per annum over a 3-year period.

Average weekly rents on listings have reached the $350 mark, reflecting a 4.92% increase in returns based on the current median price in PERTH.

An average of 4.42 real estate transactions take place per month in PERTH which translates to 53 per annum.

53 properties were sold in PERTH in 2016, making it the 39th most active market in TAS based on total real estate transactions.

PERTH, 7300 places 27th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $370,250 $252,000
GROWTH REPORT
Median Quarterly 7.47% N/A
Median 12 month 13.4% N/A
Median 3 years 25.51% 11.26%
Median 5 years 38.7% 15.6%
10 years average annual 4.07% 2.5%
Weekly media advert. rent $350 $310
Time on Market 47.0 days 0.0 days
Gross Rental Yield Percent 4.92% 6.4%
demographics (median values)
Total Population
2237
Weekly Household Income
870.7
Household Size
2.50
demographics
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