Property investors have seen a 0.29% 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 $345,000
Profits averaged -3.23% 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 4.82%.
An average of 6.25 real estate transactions take place per month in MERRIWA which translates to 75 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-3.63%||N/A|
|Median 3 years||-9.69%||N/A|
|Median 5 years||2.99%||N/A|
|10 years average annual||-0.17%||N/A|
|Weekly media advert. rent||$320||N/A|
|Time on Market||108.1 days||N/A|
|Gross Rental Yield Percent||4.82%||N/A|