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Churchlands
AREA REPORTS

Churchlands

Churchlands - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6018

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a -1.41% capital gain.

It 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 $1,331,000

The augmented property values in the suburb are trailing behind the territorial average of 5.02% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $850.

Home owners selling their properties and realtors in CHURCHLANDS usually have to wait an average of 54.6 days days before their assets are lifted off the market.

The WA suburb ranks 361st on the list of best yielding suburbs for rental properties in WA, posting a 3.32% return.

It also places places th in Australia based on median property value growth during the quarter.

Data report can be found below

Churchlands
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,331,000 $396,000
GROWTH REPORT
Median Quarterly 0% -4.58%
Median 12 month 3.38% 10%
Median 3 years -1.41% -19.02%
Median 5 years 2.78% -20.72%
10 years average annual 0.45% 1.3%
Weekly media advert. rent $850 $350
Time on Market 54.6 days 34.4 days
Gross Rental Yield Percent 3.32% 4.6%
demographics (median values)*
Total Population
38004
Weekly Household Income
1942
Household Size
2.50
Age
38
Monthly Loan Repayment
2339
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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