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Property investors have seen a 8.26% gain in SUBIACO based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains SUBIACO, 6008 saw average growth in the long term.
The WA 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 $1,245,000
Profits averaged 0.82% per annum over a 3-year period, due to an upward trend in home prices in SUBIACO, 6008.
This means, real estate investors could earn a rental income of $750 based on current median home prices for the suburb.
The gross rental yield in SUBIACO, 6008 is 3.13%.
An average of 8.83 real estate transactions take place per month in SUBIACO which translates to 106 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||8.26%||11.11%|
|Median 3 years||2.47%||-6.72%|
|Median 5 years||-0.16%||-20.38%|
|10 years average annual||0.08%||-1.97%|
|Weekly media advert. rent||$750||$425|
|Time on Market||37.8 days||62.0 days|
|Gross Rental Yield Percent||3.13%||4.42%|