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Doubleview
AREA REPORTS

Doubleview

Doubleview - 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 $770,000.

The upward trend in home prices in DOUBLEVIEW, 6018 averaged 3.86% per annum over a 3-year period.

Average weekly rents on listings have reached the $525 mark, reflecting a 3.55% increase in returns based on the current median price in DOUBLEVIEW.

An average of 18 real estate transactions take place per month in DOUBLEVIEW which translates to 216 per annum.

216 properties were sold in DOUBLEVIEW in 2016, making it the 306th most active market in WA based on total real estate transactions.

DOUBLEVIEW, 6018 places 292nd in Australia based on median property value growth during the quarter.

Data report can be found below

Doubleview
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $770,000 $513,700
GROWTH REPORT
Median Quarterly 2.67% 0.36%
Median 12 month 15.79% 4.3%
Median 3 years 11.59% 0.53%
Median 5 years 10.79% -5.74%
10 years average annual 1.84% 1.24%
Weekly media advert. rent $525 $450
Time on Market 30.8 days 32.5 days
Gross Rental Yield Percent 3.55% 4.56%
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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