Online shopping surge breathes new life into mundane commercial property
The online shopping surge born out of the COVID-19 pandemic has breathed new life into a considerably mundane type of commercial property, a...
Property investors have seen a 0.88% gain in KINGSLEY based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains KINGSLEY, 6026 saw average growth in the long term.
The WA 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 $570,000
Profits averaged 0.29% per annum over a 3-year period, due to an upward trend in home prices in KINGSLEY, 6026.
This means, real estate investors could earn a rental income of $450 based on current median home prices for the suburb.
The gross rental yield in KINGSLEY, 6026 is 4.11%.
An average of 12.25 real estate transactions take place per month in KINGSLEY which translates to 147 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $570,000 | $319,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0.88% | -13.78% |
| Median 12 month | 5.17% | N/A |
| Median 3 years | 0.88% | N/A |
| Median 5 years | -4.2% | -1.85% |
| 10 years average annual | 0.64% | 1.52% |
| Weekly media advert. rent | $450 | $375 |
| Time on Market | 27.9 days | 0.0 days |
| Gross Rental Yield Percent | 4.11% | 6.11% |
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