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BassendeanBassendean - SUBURB PROFILE REPORT
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Property investors have seen a 1.84% gain in BASSENDEAN based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on BASSENDEAN, 6054 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 13.82%.
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 $580,500
Profits averaged 7.84% 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 $460 based on current median home prices for the suburb.
The gross rental yield in BASSENDEAN, 6054 is 4.12%.
An average of 20.17 real estate transactions take place per month in BASSENDEAN which translates to 242 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $580,500 | $350,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.84% | 0% |
| Median 12 month | 13.82% | 22.81% |
| Median 3 years | 23.51% | 9.38% |
| Median 5 years | 14.05% | 0% |
| 10 years average annual | 2.78% | 1.7% |
| Weekly media advert. rent | $460 | $400 |
| Time on Market | 28.4 days | 56.4 days |
| Gross Rental Yield Percent | 4.12% | 5.94% |
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