WA/
Merriwa

Suburb Profile

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

house

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.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $328,750 N/A
GROWTH REPORT
Median Quarterly 1.15% N/A
Median 12 month -4.29% N/A
Median 3 years -13.49% N/A
Median 5 years -6.07% N/A
10 years average annual -0.68% N/A
Weekly media advert. rent $300 N/A
Time on Market 118.7 days N/A
Gross Rental Yield Percent 4.75% N/A
demographics (median values)
Total Population
5223
Weekly Household Income
798.1
Household Size
2.60
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Merriwa, WA
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