
487 Markets Join Million-dollar Property Club: CoreLogic
Australia’s property million-dollar club has continued to grow, as new research shows that more than one in five homes...
The suburb’s capital gain of 10.27% for the past year is higher than average compared to its 18.38% growth within a five-year period.
This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.
Also in MINDARIE, the median home price is sitting at $805,000, and the average rent at $650, this suggests property owners could potentially earn a 4.2% increase in gross rental yield.
Property investors have seen a 3.21% 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 10.27%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 2.37% growth over a ten-year period. It ranks 3357th on our list of suburbs that property investors should look into.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $805,000 | $680,000 |
GROWTH REPORT | ||
Median Quarterly | 3.21% | 1.87% |
Median 12 month | 10.27% | 51.11% |
Median 3 years | 26.77% | N/A |
Median 5 years | 18.38% | 52.81% |
10 years average annual | 2.37% | 4.55% |
Weekly media advert. rent | $650 | $510 |
Time on Market | 42.3 days | 90.5 days |
Gross Rental Yield Percent | 4.2% | 3.9% |