20 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...
Property investors have seen a 10.08% gain in SMITHS BEACH based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on SMITHS BEACH, 3922 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 11.93%.
Based on its average 5-year and quarterly capital gains SMITHS BEACH, 3922 saw average growth in the long term.
The VIC suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $699,000
Profits averaged 13.08% per annum over a 3-year period, due to an upward trend in home prices in SMITHS BEACH, 3922.
This means, real estate investors could earn a rental income of $370 based on current median home prices for the suburb.
The gross rental yield in SMITHS BEACH, 3922 is 2.75%.
An average of 1.92 real estate transactions take place per month in SMITHS BEACH which translates to 23 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||11.93%||N/A|
|Median 3 years||39.24%||N/A|
|Median 5 years||49.36%||N/A|
|10 years average annual||4.78%||N/A|
|Weekly media advert. rent||$370||N/A|
|Time on Market||80.7 days||N/A|
|Gross Rental Yield Percent||2.75%||N/A|