Property investors have seen a 0% 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 $505,000
Profits averaged -1.87% 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 $360 based on current median home prices for the suburb.
The gross rental yield in BASSENDEAN, 6054 is 3.71%.
An average of 13.92 real estate transactions take place per month in BASSENDEAN which translates to 167 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-0.98%||4.04%|
|Median 3 years||-5.61%||-14.41%|
|Median 5 years||8.31%||-5.79%|
|10 years average annual||1.98%||0.7%|
|Weekly media advert. rent||$360||$310|
|Time on Market||76.7 days||71.2 days|
|Gross Rental Yield Percent||3.71%||4.72%|