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AREA REPORTS

North Perth

WA/
North perth

Suburb Profile

North Perth - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6006

house
unit

Property investors in NORTH PERTH enjoyed capital gains of 0.14% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $820,000.

Profits due to an downward trend in home prices there averaged -2.1% per annum over a 3-year period.

Home owners selling their properties and realtors in NORTH PERTH usually have to wait an average of 63.8 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $480 mark, reflecting a 3.04% increase in returns based on the current median price in NORTH PERTH.

NORTH PERTH, 6006 places 261st in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $820,000 $442,000
GROWTH REPORT
Median Quarterly -2.12% -1.67%
Median 12 month 0.14% -15%
Median 3 years -6.29% -19.64%
Median 5 years -2.67% -12.13%
10 years average annual 0.81% 2.04%
Weekly media advert. rent $480 $360
Time on Market 63.8 days 95.2 days
Gross Rental Yield Percent 3.04% 4.24%
demographics (median values)
Total Population
7832
Weekly Household Income
1137
Household Size
2.20
demographics
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