The Seasonal Slowdown Is Already Over: Auctions Are Back For 2022
The property market has had an earlier than usual jumpstart in January 2022. ...
Property investors have seen a 5.26% gain in SUBIACO based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on SUBIACO, 6008 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 21.74%.
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 $1,400,000
Profits averaged 5.23% 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 $800 based on current median home prices for the suburb.
The gross rental yield in SUBIACO, 6008 is 2.97%.
An average of 10.17 real estate transactions take place per month in SUBIACO which translates to 122 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||21.74%||18.41%|
|Median 3 years||15.7%||4.76%|
|Median 5 years||15.7%||-3.17%|
|10 years average annual||1.13%||0.05%|
|Weekly media advert. rent||$800||$475|
|Time on Market||34.3 days||38.7 days|
|Gross Rental Yield Percent||2.97%||4.49%|