Based on its average 5-year and quarterly capital gains PEPPERMINT GROVE, 6011 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that PEPPERMINT GROVE, 6011 obtained a 7.35% growth over a ten-year period. It ranks 793rd on our list of suburbs that property investors should look into.
PEPPERMINT GROVE, 6011 in WA belongs to the local government area of Peppermint Grove.
PEPPERMINT GROVE, 6011 has a capital gain of 5.26% for the past year, which is lower than average compared to its 34.62% growth within a five-year period.
With the median home price in PEPPERMINT GROVE sitting at $3,500,000, and the average rent at $1450, property owners could potentially earn a 2.15% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in PEPPERMINT GROVE are low, as opposed to average gains per annum over the past five years.
A 5.26% increase in median property prices in PEPPERMINT GROVE, 6011 has allowed this suburb to join the ranks of best performing suburbs in WA, settling at number 57th.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||5.26%||N/A|
|Median 3 years||-8.5%||N/A|
|Median 5 years||34.62%||N/A|
|10 years average annual||7.35%||N/A|
|Weekly media advert. rent||$1450||$370|
|Time on Market||154.7 days||0.0 days|
|Gross Rental Yield Percent||2.15%||3.15%|