AREA REPORTS

Bassendean

Suburb Profile

Bassendean - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6054

house
unit

Property investors have seen a 0.52% 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 $482,500

Profits averaged -4.48% per annum over a 3-year period, due to an downward trend in home prices in BASSENDEAN, 6054.

This means, real estate investors could earn a rental income of $350 based on current median home prices for the suburb.

The gross rental yield in BASSENDEAN, 6054 is 3.77%.

An average of 14.58 real estate transactions take place per month in BASSENDEAN which translates to 175 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $482,500 $320,000
GROWTH REPORT
Median Quarterly 0.52% 0%
Median 12 month -4.27% -6.3%
Median 3 years -13.45% -30.43%
Median 5 years -5.39% -26.57%
10 years average annual 1.46% 0.31%
Weekly media advert. rent $350 $300
Time on Market 89.1 days 115.5 days
Gross Rental Yield Percent 3.77% 4.88%
demographics (median values)
Total Population
8773
Weekly Household Income
965.1
Household Size
2.30
demographics
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