20 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...
Property investors have seen a 1.23% gain in STRATHMORE based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains STRATHMORE, 3041 saw average growth in the long term.
The VIC suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,400,000
Profits averaged 2.56% per annum over a 3-year period, due to an upward trend in home prices in STRATHMORE, 3041.
This means, real estate investors could earn a rental income of $550 based on current median home prices for the suburb.
The gross rental yield in STRATHMORE, 3041 is 2.04%.
An average of 7.08 real estate transactions take place per month in STRATHMORE which translates to 85 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||7.69%||-1.32%|
|Median 3 years||7.69%||8.03%|
|Median 5 years||40.7%||66.03%|
|10 years average annual||4.87%||4.71%|
|Weekly media advert. rent||$550||$425|
|Time on Market||62.1 days||66.1 days|
|Gross Rental Yield Percent||2.04%||2.89%|