Perth sales strongest in 5 years
New data from the Real Estate Institute of Western Australia has revealed that June saw the biggest month of sales in Perth since 2015. ...
The suburb’s capital gain of -4.99% for the past year is lower than average compared to its 65.96% growth within a five-year period.
Also in MELTON SOUTH, the median home price is sitting at $390,000, and the average rent at $330, this suggests property owners could potentially earn a 4.4% increase in gross rental yield.
Property investors have seen a 0.39% gain in MELTON SOUTH 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 6.35% growth over a ten-year period. It ranks 894th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $390,000 | $300,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0.39% | 1.69% |
| Median 12 month | -4.99% | -3.23% |
| Median 3 years | 36.36% | 27.66% |
| Median 5 years | 65.96% | 36.36% |
| 10 years average annual | 6.35% | 4.21% |
| Weekly media advert. rent | $330 | $290 |
| Time on Market | 63.8 days | 62.9 days |
| Gross Rental Yield Percent | 4.4% | 5.03% |
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