WA/
Perth

Suburb Profile

Perth - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6000

house
unit

Property investments in PERTH did not fare well against the rest of the country last year, registering a median home price increase of 11.84%.

Real estate investors could earn a rental income of $495 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 80.5 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $850,000.

PERTH ranks 349th on the list of best yielding suburbs for rental properties in WA, posting a 3.03% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $850,000 $435,000
GROWTH REPORT
Median Quarterly N/A 1.16%
Median 12 month 11.84% -0.57%
Median 3 years 13.33% -14.2%
Median 5 years 21.43% -8.42%
10 years average annual 3.73% 0.17%
Weekly media advert. rent $495 $420
Time on Market 80.5 days 97.8 days
Gross Rental Yield Percent 3.03% 5.02%
demographics (median values)
Total Population
6340
Weekly Household Income
1070
Household Size
1.80
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