Property investors have seen a -0.39% drop in BASSENDEAN based on a decrease 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 -1.6% 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 14 real estate transactions take place per month in BASSENDEAN which translates to 168 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-1.94%||3.5%|
|Median 3 years||-4.81%||-14.66%|
|Median 5 years||12.22%||-1.3%|
|10 years average annual||2%||1.02%|
|Weekly media advert. rent||$360||$320|
|Time on Market||77.7 days||86.4 days|
|Gross Rental Yield Percent||3.71%||4.89%|