WA/
Merriwa

Suburb Profile

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

house

Property investors have seen a -2.16% 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 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 $340,000

Profits averaged -3.97% 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 $305 based on current median home prices for the suburb.

The gross rental yield in MERRIWA, 6030 is 4.66%.

An average of 6.08 real estate transactions take place per month in MERRIWA which translates to 73 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $340,000 N/A
GROWTH REPORT
Median Quarterly -2.16% N/A
Median 12 month -4.23% N/A
Median 3 years -11.92% N/A
Median 5 years 1.34% N/A
10 years average annual -0.45% N/A
Weekly media advert. rent $305 N/A
Time on Market 111.4 days N/A
Gross Rental Yield Percent 4.66% N/A
demographics (median values)
Total Population
5223
Weekly Household Income
798.1
Household Size
2.60
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