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AREA REPORTS

Perth

Suburb Profile

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

house
unit

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 $387,500.

The upward trend in home prices in PERTH, 7300 averaged 10.9% per annum over a 3-year period.

Average weekly rents on listings have reached the $310 mark, reflecting a 4.16% increase in returns based on the current median price in PERTH.

An average of 5.08 real estate transactions take place per month in PERTH which translates to 61 per annum.

61 properties were sold in PERTH in 2016, making it the 32nd most active market in TAS based on total real estate transactions.

PERTH, 7300 places 118th 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 $387,500 $262,500
GROWTH REPORT
Median Quarterly -0.64% -2.78%
Median 12 month 9.93% -2.78%
Median 3 years 32.71% 2.94%
Median 5 years 42.2% 26.05%
10 years average annual 3.31% 2.31%
Weekly media advert. rent $310 $320
Time on Market 41.1 days 73.1 days
Gross Rental Yield Percent 4.16% 6.34%
demographics (median values)
Total Population
2237
Weekly Household Income
870.7
Household Size
2.50
demographics
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