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1 MIN READTop 10 Suburbs For Unit Price Growth In Perth
In July 2021, a CoreLogic study showed a record high gap between median house and unit prices in the Australian property...
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MurrumbeenaMurrumbeena - SUBURB PROFILE REPORT
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The suburb’s capital gain of 6.02% for the past year is higher than average compared to its 23.02% growth within a five-year period.
Also in MURRUMBEENA, the median home price is sitting at $1,550,000, and the average rent at $560, this suggests property owners could potentially earn a 1.88% increase in gross rental yield.
Property investors have seen a 1.14% gain in MURRUMBEENA 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 7.12% growth over a ten-year period. It ranks 951st on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,550,000 | $625,250 |
| GROWTH REPORT | ||
| Median Quarterly | 1.14% | -7.71% |
| Median 12 month | 6.02% | -2.3% |
| Median 3 years | 11.59% | 4.21% |
| Median 5 years | 23.02% | 18.87% |
| 10 years average annual | 7.12% | 2.03% |
| Weekly media advert. rent | $560 | $350 |
| Time on Market | 49.8 days | 53.3 days |
| Gross Rental Yield Percent | 1.88% | 2.91% |
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