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
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Big four banks

Popular lenders issue spate of rate cuts

Facing the prospect of an official rate cut soon, the major banks have been cutting their home loan rates out of cycle. Which of the popular...

RBA

Predictions for the official cash rate as fresh data released

An update to the consumer price index for the March quarter saw it hold steady and not move at all – which means a May rate cut could be ...

Aerial of suburbs

Push for 'long overdue' property minister ramps up

One industry body has continued its calls to establish a dedicated property services commissioner and take away property powers from the NSW...

Sydney

Sydney infrastructure spending ‘mishmash’ cops heat

Fresh research has found that the system for determining infrastructure charges is “poor” and needs to be reworked. ...

Bill Shorten

Federal election 2019: Labor’s negative gearing, tax reforms explained

Depending on who wins the May 2019 federal elections, property investors could be facing major changes in policies. Smart Property Investmen...

Aerial shot of suburbs

Current negative gearing policy v Labor’s negative gearing policy

Negative gearing has long been popular as a tax minimisation strategy, allowing investors to offset losses incurred against their taxable in...