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Property investors have seen a -2.54% 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 decrease 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 $1,150,000
Profits averaged 0.29% 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 $712.5 based on current median home prices for the suburb.
The gross rental yield in SUBIACO, 6008 is 3.22%.
An average of 6.5 real estate transactions take place per month in SUBIACO which translates to 78 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,150,000 | $450,000 |
| GROWTH REPORT | ||
| Median Quarterly | -2.54% | 0% |
| Median 12 month | -11.37% | -4.26% |
| Median 3 years | 0.88% | -13.46% |
| Median 5 years | -8% | -20.56% |
| 10 years average annual | -0.86% | -3.33% |
| Weekly media advert. rent | $712.5 | $410 |
| Time on Market | 47.6 days | 107.6 days |
| Gross Rental Yield Percent | 3.22% | 4.74% |
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