Perth Rentals Down 10-30% From Peak
The Perth rental market has risen in affordability, with a new analysis showing more than 200 suburbs with median house ...
The suburb’s capital gain of 1.96% for the past year is lower than average compared to its 32.19% growth within a five-year period.
Also in FOOTSCRAY, the median home price is sitting at $885,000, and the average rent at $460, this suggests property owners could potentially earn a 2.7% increase in gross rental yield.
Property investors have seen a -0.56% drop in FOOTSCRAY 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 4.49% growth over a ten-year period. It ranks 2020th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||1.96%||6.4%|
|Median 3 years||0.68%||5.29%|
|Median 5 years||32.19%||-2.66%|
|10 years average annual||4.49%||2.27%|
|Weekly media advert. rent||$460||$350|
|Time on Market||76.6 days||80.4 days|
|Gross Rental Yield Percent||2.7%||3.98%|