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...
A 16.81% increase in median property prices in RESEARCH, 3095 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 97th.
A steady increase in median property prices over a five-year period in the suburb translates to a N/A capital gain.
It 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 $1,237,000
The augmented property values in the suburb are trailing above the territorial average of 9.35% in 2016.
Home owners selling their properties and realtors in RESEARCH usually have to wait an average of 34.2 days days before their assets are lifted off the market.
The VIC suburb ranks 615th on the list of best yielding suburbs for rental properties in VIC, posting a 0% return.
It also places places th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||16.81%||N/A|
|Median 3 years||N/A||N/A|
|Median 5 years||80.39%||N/A|
|10 years average annual||8.67%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||34.2 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|