The suburb’s capital gain of -4.57% for the past year is lower than average compared to its 16.34% growth within a five-year period.
Also in SHENTON PARK, the median home price is sitting at $1,175,000, and the average rent at $650, this suggests property owners could potentially earn a 2.88% increase in gross rental yield.
Property investors have seen a -4.86% drop in SHENTON PARK based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 2.6% growth over a ten-year period. It ranks 2835th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-4.57%||-10.89%|
|Median 3 years||-2.08%||-10.63%|
|Median 5 years||16.34%||-9.09%|
|10 years average annual||2.6%||-0.05%|
|Weekly media advert. rent||$650||$342.5|
|Time on Market||57.9 days||64.5 days|
|Gross Rental Yield Percent||2.88%||3.96%|