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Property investments in ASHFIELD did not fare well against the rest of the country last year, registering a median home price decrease of -3.82%.
Real estate investors could earn a rental income of $327.5 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 88.5 days.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $460,000.
ASHFIELD ranks 279th on the list of best yielding suburbs for rental properties in WA, posting a 3.7% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-3.82%||N/A|
|Median 3 years||-8%||N/A|
|Median 5 years||-1.29%||N/A|
|10 years average annual||1.39%||N/A|
|Weekly media advert. rent||$327.5||N/A|
|Time on Market||88.5 days||N/A|
|Gross Rental Yield Percent||3.7%||N/A|
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