Property investors have seen a -4.17% 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 decrease 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 $373,750
Profits averaged -4.69% 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 $330 based on current median home prices for the suburb.
The gross rental yield in RIDGEWOOD, 6030 is 4.59%.
An average of 5.17 real estate transactions take place per month in RIDGEWOOD which translates to 62 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-8.84%||N/A|
|Median 3 years||-14.08%||N/A|
|Median 5 years||-2.92%||N/A|
|10 years average annual||0.28%||N/A|
|Weekly media advert. rent||$330||N/A|
|Time on Market||115.5 days||N/A|
|Gross Rental Yield Percent||4.59%||N/A|