Property investing‘s best-kept secret
One word: commercial. ...
Property investors enjoyed capital gains of 3.32% over the last 12 months in LEEDERVILLE, translating to lower returns compared with its peers in WA.
Figures from the previous quarter show that capital gains for real estate buyers in LEEDERVILLE are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $605 based on current median home prices for the suburb.
On average, rents on listings have reached the $605 mark, reflecting a 2.89% increase in returns based on the current median price in LEEDERVILLE.
LEEDERVILLE, 6007 ranks 219th in WA in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 357th on the list of best yielding suburbs for rental properties in WA, posting a 2.89% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,090,000 | $489,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.68% | 1.88% |
| Median 12 month | 3.32% | 7.47% |
| Median 3 years | -0.91% | -9.44% |
| Median 5 years | -0.91% | 8.37% |
| 10 years average annual | 1.27% | 5.45% |
| Weekly media advert. rent | $605 | $350 |
| Time on Market | 38.1 days | 51.9 days |
| Gross Rental Yield Percent | 2.89% | 3.72% |
One word: commercial. ...
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Fewer homes are scheduled for auction this week as the months-long acceleration in the auction market cools off. ...
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