Property market update: Perth, September 2019
Experts believe that, while other major capital series are on their way to recovery, Perth is just “at the right stage of the property cyc...
The suburb’s capital gain of 21.15% for the past year is higher than average compared to its 11.32% growth within a five-year period.
This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.
Also in DONALD, the median home price is sitting at $147,500, and the average rent at $195, this suggests property owners could potentially earn a 6.87% increase in gross rental yield.
Property investors have seen a 2.43% gain in DONALD based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on DONALD, 3480 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 21.15%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 6.75% growth over a ten-year period. It ranks 1123rd on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||21.15%||N/A|
|Median 3 years||18%||N/A|
|Median 5 years||11.32%||N/A|
|10 years average annual||6.75%||N/A|
|Weekly media advert. rent||$195||N/A|
|Time on Market||177.6 days||N/A|
|Gross Rental Yield Percent||6.87%||N/A|
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