MINDARIE ranks 220th in WA when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 14.29% for the past year is lower than average compared to its 78.94% growth within a five-year period.
Also in MINDARIE, the median home price is sitting at $1,300,000, and the average rent at $950, this suggests property owners could potentially earn a 3.8% increase in gross rental yield.
Property investors have seen a 7.22% gain in MINDARIE based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on MINDARIE, 6030 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 14.29%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7% growth over a ten-year period. It ranks 2004th on our list of suburbs that property investors should look into.
A steady increase in median property prices over a five-year period in MINDARIE, 6030 translates to a 43.87% capital gain.
MINDARIE, 6030 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $910,000.
Augmented property values in MINDARIE are trailing behind the WA average of 16.89% for the past year.
Real estate investors could earn a rental income of $800 based on current median home prices for the suburb.
Home owners selling their properties and realtors in MINDARIE usually have to wait an average of 30.1 days days before their assets are lifted off the market.
MINDARIE ranks 126th on the list of best yielding suburbs for rental properties in WA, posting a 4.57% return.
MINDARIE, 6030 places 144th in Australia based on median property value growth during the quarter.