AREA REPORTS

Doubleview

 

 

WA/
Doubleview

Suburb Profile

Doubleview - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6018

house
unit

DOUBLEVIEW, 6018 ranks 2082nd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 1.63% for property investors.

Based on its average 5-year and quarterly capital gains, the suburb saw average decrease in the long term.

The 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 $717,500.

The downward trend in home prices in DOUBLEVIEW, 6018 averaged -0.95% per annum over a 3-year period.

Average weekly rents on listings have reached the $475 mark, reflecting a 3.44% increase in returns based on the current median price in DOUBLEVIEW.

An average of 13.58 real estate transactions take place per month in DOUBLEVIEW which translates to 163 per annum.

163 properties were sold in DOUBLEVIEW in 2016, making it the 321st most active market in WA based on total real estate transactions.

DOUBLEVIEW, 6018 places 182nd in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $717,500 $491,250
GROWTH REPORT
Median Quarterly -0.49% 5.65%
Median 12 month 1.63% 16.27%
Median 3 years -2.84% -3.49%
Median 5 years -1.31% -4.98%
10 years average annual 2.58% 1.94%
Weekly media advert. rent $475 $395
Time on Market 45.6 days 71.5 days
Gross Rental Yield Percent 3.44% 4.18%
demographics (median values)
Total Population
7195
Weekly Household Income
1122
Household Size
2.30
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