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AREA REPORTS

Merriwa

Suburb Profile

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

house

Property investors have seen a 0.16% 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 $305,500

Profits averaged -4.24% 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 5.45%.

An average of 4.5 real estate transactions take place per month in MERRIWA which translates to 54 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $305,500 N/A
GROWTH REPORT
Median Quarterly 0.16% N/A
Median 12 month -3.02% N/A
Median 3 years -12.71% N/A
Median 5 years -20.44% N/A
10 years average annual -1.23% N/A
Weekly media advert. rent $320 N/A
Time on Market 71.3 days N/A
Gross Rental Yield Percent 5.45% N/A
demographics (median values)
Total Population
5223
Weekly Household Income
798.1
Household Size
2.60
demographics
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