Property investors have seen a -1.27% drop in RIDGEWOOD based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains RIDGEWOOD, 6030 saw average growth in the long term.
the WA suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $390,000
Profits averaged -2.75% per annum over a 3-year period, due to an downward trend in home prices in RIDGEWOOD, 6030.
This means, real estate investors could earn a rental income of $350 based on current median home prices for the suburb.
The gross rental yield in RIDGEWOOD, 6030 is 4.67%.
An average of 5.08 real estate transactions take place per month in RIDGEWOOD which translates to 61 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-5.11%||N/A|
|Median 3 years||-8.24%||N/A|
|Median 5 years||4%||N/A|
|10 years average annual||5.81%||N/A|
|Weekly media advert. rent||$350||N/A|
|Time on Market||104.2 days||N/A|
|Gross Rental Yield Percent||4.67%||N/A|