Government urged to provide stimulus for building sector
As the nation recovers from the COVID-19 pandemic, property professionals urge the federal government to provide a stimulus package for the ...
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Property investors have seen a 19.44% gain in WATERMANS BAY based on an increase 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 $1,075,000
Profits averaged -2.31% 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 $700 based on current median home prices for the suburb.
The gross rental yield in WATERMANS BAY, 6020 is 3.39%.
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 Price | $1,075,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 19.44% | N/A |
| Median 12 month | 6.97% | N/A |
| Median 3 years | -6.93% | N/A |
| Median 5 years | -16.18% | N/A |
| 10 years average annual | 0.73% | N/A |
| Weekly media advert. rent | $700 | N/A |
| Time on Market | 68.8 days | N/A |
| Gross Rental Yield Percent | 3.39% | N/A |
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