CLARKSON, 6030 ranks 895th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 17.39% for property investors.
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 $810,000.
The upward trend in home prices in CLARKSON, 6030 averaged 24.11% per annum over a 3-year period.
Average weekly rents on listings have reached the $690 mark, reflecting a 4.43% increase in returns based on the current median price in CLARKSON.
An average of 23.67 real estate transactions take place per month in CLARKSON which translates to 284 per annum.
284 properties were sold in CLARKSON in 2016, making it the 252nd most active market in WA based on total real estate transactions.
CLARKSON, 6030 places 146th 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 $612,000.
Average median unit prices in WA have risen as a whole, pulling CLARKSON, 6030 values up and netting property investors a capital gain of 33.04% for the past year.
Investors saw the median home price rise to $612,000.
The upward trend in home prices in CLARKSON, 6030 averaged 28% per annum over a 3-year period.
CLARKSON now ranks at the 78th 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 $600 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 22.9 days.
33 properties were sold in CLARKSON in 2016, making it the 58th most active market in WA based on total real estate transactions.