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AREA REPORTS

Perth

Perth - 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 decrease of 5.33%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are high, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains PERTH, 6000 saw average growth in the long term.

Real estate investors could earn a rental income of $510 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 85.3 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 $790,000.

PERTH ranks 359th on the list of best yielding suburbs for rental properties in WA, posting a 3.36% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $790,000 $409,500
GROWTH REPORT
Median Quarterly 0.64% -1.33%
Median 12 month 5.33% -3.65%
Median 3 years -6.18% -13.79%
Median 5 years -7.98% -25.55%
10 years average annual 0.76% -1.44%
Weekly media advert. rent $510 $420
Time on Market 85.3 days 70.1 days
Gross Rental Yield Percent 3.36% 5.33%
demographics (median values)
Total Population
6340
Weekly Household Income
1070
Household Size
1.80
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