The suburb’s capital gain of -6.57% for the past year is lower than average compared to its 0.79% growth within a five-year period.
Also in MINDARIE, the median home price is sitting at $640,000, and the average rent at $480, this suggests property owners could potentially earn a 3.9% increase in gross rental yield.
Property investors have seen a -0.78% drop in MINDARIE based on a decrease 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 0.47% growth over a ten-year period. It ranks 3763rd on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-6.57%||N/A|
|Median 3 years||-10.18%||N/A|
|Median 5 years||0.79%||N/A|
|10 years average annual||0.47%||N/A|
|Weekly media advert. rent||$480||N/A|
|Time on Market||94.0 days||N/A|
|Gross Rental Yield Percent||3.9%||N/A|