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AREA REPORTS

Doubleview

Suburb Profile

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

house
unit

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

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $675,000.

The downward trend in home prices in DOUBLEVIEW, 6018 averaged -1.64% per annum over a 3-year period.

Average weekly rents on listings have reached the $475 mark, reflecting a 3.66% increase in returns based on the current median price in DOUBLEVIEW.

An average of 14.58 real estate transactions take place per month in DOUBLEVIEW which translates to 175 per annum.

175 properties were sold in DOUBLEVIEW in 2016, making it the 320th most active market in WA based on total real estate transactions.

DOUBLEVIEW, 6018 places 133rd 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 $675,000 $414,500
GROWTH REPORT
Median Quarterly 2.27% 6.97%
Median 12 month -8.78% 10.53%
Median 3 years -4.93% -1.31%
Median 5 years -8.41% -15.41%
10 years average annual 0.1% 1.61%
Weekly media advert. rent $475 $350
Time on Market 56.1 days 81.6 days
Gross Rental Yield Percent 3.66% 4.39%
demographics (median values)
Total Population
7195
Weekly Household Income
1122
Household Size
2.30
demographics
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