Strata corporations offer lifeline amid health crisis
In order to alleviate financial pressure, owners who are unable to pay levies due to job loss or tenants not paying rent because of the ongo...
Subscribe to our newsletter
Based on its average 5-year and quarterly capital gains, the suburb saw average decrease in the long term.
The 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 $627,000.
The upward trend in home prices in BEDFORD, 6052 averaged 2.79% per annum over a 3-year period.
Average weekly rents on listings have reached the $400 mark, reflecting a 3.32% increase in returns based on the current median price in BEDFORD.
An average of 7.75 real estate transactions take place per month in BEDFORD which translates to 93 per annum.
93 properties were sold in BEDFORD in 2016, making it the 12th most active market in WA based on total real estate transactions.
BEDFORD, 6052 places 194th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $627,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.48% | N/A |
| Median 12 month | 1.48% | N/A |
| Median 3 years | 8.38% | N/A |
| Median 5 years | -3.98% | N/A |
| 10 years average annual | 1.44% | N/A |
| Weekly media advert. rent | $400 | N/A |
| Time on Market | 74.3 days | N/A |
| Gross Rental Yield Percent | 3.32% | N/A |
In order to alleviate financial pressure, owners who are unable to pay levies due to job loss or tenants not paying rent because of the ongo...
The banking sector has been warned not to pay a dividend to shareholders, with the property sector agreeing, believing they have already had...
The state government is being urged to save the commercial sector by allowing landlords a 12-month hiatus from land taxes. ...
Western Australian tenants are being urged to continue to pay their rent unless they are genuinely experiencing financial hardship in the mi...
With a number of social restrictions now in place, many people mid-renovation are wondering if, or how, they can continue. So, what can you ...
As a result of the COVID-19 pandemic, market-leading service Airbnb has been declared illegal in NSW. ...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
