Property market update: Perth, November 2018
The Perth property market continues to show signs of positivity through record high employment levels and low residential vacancy rates, dri...
The suburb’s capital gain of 9.89% for the past year is higher than average compared to its 25% growth within a five-year period.
Also in INDENTED HEAD, the median home price is sitting at $500,000, and the average rent at $425, this suggests property owners could potentially earn a 4.42% increase in gross rental yield.
Property investors have seen a 6.38% gain in INDENTED HEAD 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 5.5% growth over a ten-year period. It ranks 1430th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $500,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 6.38% | N/A |
| Median 12 month | 9.89% | N/A |
| Median 3 years | 30.89% | N/A |
| Median 5 years | 25% | N/A |
| 10 years average annual | 5.5% | N/A |
| Weekly media advert. rent | $425 | N/A |
| Time on Market | 62.5 days | N/A |
| Gross Rental Yield Percent | 4.42% | N/A |
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