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Property investors have seen a 3.65% gain in BASSENDEAN based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains BASSENDEAN, 6054 saw average growth 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 $497,500
Profits averaged 0% per annum over a 3-year period, due to an upward trend in home prices in BASSENDEAN, 6054.
This means, real estate investors could earn a rental income of $370 based on current median home prices for the suburb.
The gross rental yield in BASSENDEAN, 6054 is 3.87%.
An average of 15.33 real estate transactions take place per month in BASSENDEAN which translates to 184 per annum.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $497,500 | $280,000 |
GROWTH REPORT | ||
Median Quarterly | 3.65% | -1.75% |
Median 12 month | 3.65% | -9.68% |
Median 3 years | 0% | -17.77% |
Median 5 years | -11.16% | -23.91% |
10 years average annual | 1.09% | -1.73% |
Weekly media advert. rent | $370 | $340 |
Time on Market | 58.8 days | 68.9 days |
Gross Rental Yield Percent | 3.87% | 6.31% |
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