‘Stable’ population growth to bolster building activity
Consistent population growth is set to support building activity going forward, according to an industry economist. ...
The suburb’s capital gain of -0.78% for the past year is higher than average compared to its -4.48% growth within a five-year period.
Also in MINDARIE, the median home price is sitting at $640,000, and the average rent at $530, this suggests property owners could potentially earn a 4.31% increase in gross rental yield.
Property investors have seen a 2.81% 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 0.02% growth over a ten-year period. It ranks 3924th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $640,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.81% | N/A |
| Median 12 month | -0.78% | N/A |
| Median 3 years | -8.57% | N/A |
| Median 5 years | -4.48% | N/A |
| 10 years average annual | 0.02% | N/A |
| Weekly media advert. rent | $530 | N/A |
| Time on Market | 96.2 days | N/A |
| Gross Rental Yield Percent | 4.31% | N/A |
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