MINDARIE ranks 281st in WA when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 8.85% for the past year is lower than average compared to its 68.49% 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 $1,230,000, and the average rent at $950, this suggests property owners could potentially earn a 4.02% increase in gross rental yield.
Property investors have seen a 3.36% gain in MINDARIE based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 6.26% growth over a ten-year period. It ranks 2507th 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 38.81% 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 $930,000.
Augmented property values in MINDARIE are trailing behind the WA average of 15.09% for the past year.
Real estate investors could earn a rental income of $875 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 28.5 days days before their assets are lifted off the market.
MINDARIE ranks 113th on the list of best yielding suburbs for rental properties in WA, posting a 4.89% return.
MINDARIE, 6030 places 136th in Australia based on median property value growth during the quarter.