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Property investors have seen a 1.97% gain in COTTESLOE based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains COTTESLOE, 6011 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 $1,937,500
Profits averaged 1.81% per annum over a 3-year period, due to an upward trend in home prices in COTTESLOE, 6011.
This means, real estate investors could earn a rental income of $987.5 based on current median home prices for the suburb.
The gross rental yield in COTTESLOE, 6011 is 2.65%.
An average of 8.83 real estate transactions take place per month in COTTESLOE which translates to 106 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,937,500 | $708,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.97% | -3.01% |
| Median 12 month | -4.91% | -13.66% |
| Median 3 years | 5.44% | 10.63% |
| Median 5 years | 4.03% | -4.32% |
| 10 years average annual | 1.12% | 0.15% |
| Weekly media advert. rent | $987.5 | $490 |
| Time on Market | 97.2 days | 92.3 days |
| Gross Rental Yield Percent | 2.65% | 3.6% |
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