Property investors have seen a 8.2% 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 $1,210,000
Profits averaged -0.28% per annum over a 3-year period, due to an downward trend in home prices in SUBIACO, 6008.
This means, real estate investors could earn a rental income of $700 based on current median home prices for the suburb.
The gross rental yield in SUBIACO, 6008 is 3.01%.
An average of 6.83 real estate transactions take place per month in SUBIACO which translates to 82 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||0.83%||-10%|
|Median 3 years||-0.83%||-17.2%|
|Median 5 years||6.61%||-9.21%|
|10 years average annual||0.08%||-0.22%|
|Weekly media advert. rent||$700||$420|
|Time on Market||36.4 days||95.5 days|
|Gross Rental Yield Percent||3.01%||4.22%|