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1 MIN READ20 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...
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BlackburnBlackburn - SUBURB PROFILE REPORT
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The suburb’s capital gain of 6.35% for the past year is higher than average compared to its 20.67% growth within a five-year period.
Also in BLACKBURN, the median home price is sitting at $1,436,000, and the average rent at $470, this suggests property owners could potentially earn a 1.7% increase in gross rental yield.
Property investors have seen a 3.24% gain in BLACKBURN based on an increase 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 5.96% growth over a ten-year period. It ranks 1204th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,436,000 | $741,000 |
| GROWTH REPORT | ||
| Median Quarterly | 3.24% | 5.86% |
| Median 12 month | 6.35% | 5.11% |
| Median 3 years | 1.84% | 2.21% |
| Median 5 years | 20.67% | 14% |
| 10 years average annual | 5.96% | 4.54% |
| Weekly media advert. rent | $470 | $395 |
| Time on Market | 47.9 days | 66.0 days |
| Gross Rental Yield Percent | 1.7% | 2.77% |
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