Changes in apartment markets continue throughout September
Fresh data shows the apartment market is continuing to evolve and subdue, based on a series of factors including supply, sentiment and finan...
Property investors enjoyed capital gains of 2.37% over the last 12 months in CARRAMAR, translating to lower returns compared with its peers in WA.
Figures from the previous quarter show that capital gains for real estate buyers in CARRAMAR are high, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $405 based on current median home prices for the suburb.
On average, rents on listings have reached the $405 mark, reflecting a 4.06% increase in returns based on the current median price in CARRAMAR.
CARRAMAR, 6031 ranks 106th in WA in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 222nd on the list of best yielding suburbs for rental properties in WA, posting a 4.06% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $519,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.76% | N/A |
| Median 12 month | 2.37% | N/A |
| Median 3 years | -2.08% | N/A |
| Median 5 years | -0.19% | N/A |
| 10 years average annual | 2.05% | N/A |
| Weekly media advert. rent | $405 | N/A |
| Time on Market | 91.7 days | N/A |
| Gross Rental Yield Percent | 4.06% | N/A |
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