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Property investors have seen a -0.96% drop in SUBIACO based on a decrease 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 $1,292,500
Profits averaged 1.84% 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 $650 based on current median home prices for the suburb.
The gross rental yield in SUBIACO, 6008 is 2.62%.
An average of 8.08 real estate transactions take place per month in SUBIACO which translates to 97 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,292,500 | $492,500 |
| GROWTH REPORT | ||
| Median Quarterly | -0.96% | -2.48% |
| Median 12 month | 6.82% | -7.94% |
| Median 3 years | 5.51% | -17.23% |
| Median 5 years | 1.77% | -23.64% |
| 10 years average annual | 0.89% | -1.45% |
| Weekly media advert. rent | $650 | $420 |
| Time on Market | 39.8 days | 70.1 days |
| Gross Rental Yield Percent | 2.62% | 4.43% |
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