Australia’s most popular rental suburbs revealed
Tenants should brace themselves for rental price hikes as tightening vacancy rates continue across the country, new research has revealed. ...
NILGEN, 6044 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 $357,750.
NILGEN now ranks at the 11th place on a list of fastest growing suburbs in the territory.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In NILGEN, homes and units usually stay on listing for an average of 203.8 days.
In 2016, 18 properties were sold in NILGEN during the past year, making it the 326th most active market in WA based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $357,750 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 19.25% | N/A |
| Median 12 month | N/A | N/A |
| Median 3 years | N/A | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | N/A | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 203.8 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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