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AREA REPORTS

West Perth

Suburb Profile

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

house
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%.

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 $360 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 54.3 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 $667,500.

WEST PERTH ranks 401st on the list of best yielding suburbs for rental properties in WA, posting a 2.8% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $667,500 $405,000
GROWTH REPORT
Median Quarterly 1.52% -0.61%
Median 12 month -11% -4.42%
Median 3 years 9.7% -20.39%
Median 5 years -3.96% -23.58%
10 years average annual 0.97% -1.76%
Weekly media advert. rent $360 $420
Time on Market 54.3 days 94.4 days
Gross Rental Yield Percent 2.8% 5.39%
demographics (median values)
Total Population
3808
Weekly Household Income
1081
Household Size
1.60
demographics
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