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AREA REPORTS

Merriwa

Suburb Profile

Merriwa - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6030

house

Property investors have seen a -1.59% drop in MERRIWA based on a decrease in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains MERRIWA, 6030 saw average decrease 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 $310,000

Profits averaged -4.39% per annum over a 3-year period, due to an downward trend in home prices in MERRIWA, 6030.

This means, real estate investors could earn a rental income of $320 based on current median home prices for the suburb.

The gross rental yield in MERRIWA, 6030 is 5.37%.

An average of 4.42 real estate transactions take place per month in MERRIWA which translates to 53 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $310,000 N/A
GROWTH REPORT
Median Quarterly -1.59% N/A
Median 12 month -3.13% N/A
Median 3 years -13.17% N/A
Median 5 years -19.17% N/A
10 years average annual -0.65% N/A
Weekly media advert. rent $320 N/A
Time on Market 82.8 days N/A
Gross Rental Yield Percent 5.37% N/A
demographics (median values)
Total Population
5223
Weekly Household Income
798.1
Household Size
2.60
demographics
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Age group
Top 10 Birth Countries
Dwelling Structures
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Household Income
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Tenure Type

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