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 $850,000.
The upward trend in home prices in CLARKSON, 6030 averaged 25.09% per annum over a 3-year period.
Average weekly rents on listings have reached the $700 mark, reflecting a 4.28% increase in returns based on the current median price in CLARKSON.
An average of 21.17 real estate transactions take place per month in CLARKSON which translates to 254 per annum.
254 properties were sold in CLARKSON in 2016, making it the 272nd most active market in WA based on total real estate transactions.
CLARKSON, 6030 places 232nd in Australia based on median property value growth during the quarter.
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 $635,000.
Average median unit prices in WA have risen as a whole, pulling CLARKSON, 6030 values up and netting property investors a capital gain of 17.76% for the past year.
Investors saw the median home price rise to $635,000.
The upward trend in home prices in CLARKSON, 6030 averaged 30.31% per annum over a 3-year period.
CLARKSON now ranks at the 75th place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in CLARKSON are low, as opposed to average gains per annum over the past five years.
Real estate investors could earn a rental income of $630 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In CLARKSON, homes and units usually stay on listing for an average of 23.5 days.
29 properties were sold in CLARKSON in 2016, making it the 69th most active market in WA based on total real estate transactions.