WA/
West perth

Suburb Profile

West Perth - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6005

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unit

Property investments in WEST PERTH did not fare well against the rest of the country last year, registering a median home price decrease of 11.11%.

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 WEST PERTH, 6005 saw average growth in the long term.

Real estate investors could earn a rental income of $425 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 89.9 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 $700,000.

WEST PERTH ranks 334th on the list of best yielding suburbs for rental properties in WA, posting a 3.16% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $700,000 $427,500
GROWTH REPORT
Median Quarterly 4.48% -5.52%
Median 12 month 11.11% -14.5%
Median 3 years -0.36% -16.99%
Median 5 years -10.49% -21.56%
10 years average annual 0.31% -1.17%
Weekly media advert. rent $425 $390
Time on Market 89.9 days 89.0 days
Gross Rental Yield Percent 3.16% 4.74%
demographics (median values)
Total Population
3808
Weekly Household Income
1081
Household Size
1.60
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West Perth, WA
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