
Investor activity too low to yield market disruption, expert says
While new data points to a resurrection in the number of investors entering the housing market, the share of investors remains at record-low...
The suburb’s capital gain of 11.45% for the past year is higher than average compared to its 4.29% 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 $730,000, and the average rent at $527.5, this suggests property owners could potentially earn a 3.76% increase in gross rental yield.
Property investors have seen a 0% 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 11.45%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 0.83% growth over a ten-year period. It ranks 3609th on our list of suburbs that property investors should look into.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $730,000 | $480,000 |
GROWTH REPORT | ||
Median Quarterly | 0% | -7.69% |
Median 12 month | 11.45% | N/A |
Median 3 years | 12.31% | N/A |
Median 5 years | 4.29% | -33.79% |
10 years average annual | 0.83% | -10.96% |
Weekly media advert. rent | $527.5 | $480 |
Time on Market | 84.1 days | 0.0 days |
Gross Rental Yield Percent | 3.76% | 5.2% |
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