Property investors have seen a 1.15% gain in MERRIWA based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MERRIWA, 6030 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 $328,750
Profits averaged -4.5% 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 $300 based on current median home prices for the suburb.
The gross rental yield in MERRIWA, 6030 is 4.75%.
An average of 6.17 real estate transactions take place per month in MERRIWA which translates to 74 per annum.
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