Property investors have seen a -28.57% drop in WATERMANS BAY based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains WATERMANS BAY, 6020 saw average growth in the long term.
The WA 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 $825,000
Profits averaged -13.62% per annum over a 3-year period, due to an downward trend in home prices in WATERMANS BAY, 6020.
This means, real estate investors could earn a rental income of $462.5 based on current median home prices for the suburb.
The gross rental yield in WATERMANS BAY, 6020 is 2.92%.
An average of 1.33 real estate transactions take place per month in WATERMANS BAY which translates to 16 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-30.53%||N/A|
|Median 3 years||-40.86%||N/A|
|Median 5 years||0.86%||N/A|
|10 years average annual||1.2%||N/A|
|Weekly media advert. rent||$462.5||N/A|
|Time on Market||64.4 days||N/A|
|Gross Rental Yield Percent||2.92%||N/A|