Property management company hit with $80k fine
A property management company has been fined $80,000 for failing to lodge tenancy bonds on time and for keeping records that contained false...
Property investors have seen a -2.49% drop in BUTLER based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains BUTLER, 6036 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 $342,500
Profits averaged -5.14% per annum over a 3-year period, due to an downward trend in home prices in BUTLER, 6036.
This means, real estate investors could earn a rental income of $315 based on current median home prices for the suburb.
The gross rental yield in BUTLER, 6036 is 4.78%.
An average of 13.08 real estate transactions take place per month in BUTLER which translates to 157 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $342,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -2.49% | N/A |
| Median 12 month | -8.67% | N/A |
| Median 3 years | -15.43% | N/A |
| Median 5 years | -22.16% | N/A |
| 10 years average annual | -0.99% | N/A |
| Weekly media advert. rent | $315 | N/A |
| Time on Market | 89.0 days | N/A |
| Gross Rental Yield Percent | 4.78% | N/A |
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