PM fears impact of migration slide on residential sector
Prime Minister Scott Morrison has acknowledged the threat that a COVID-induced decline in migration could pose to residential property marke...
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Property investors have seen a -4.88% drop in EDEN HILL based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains EDEN HILL, 6054 saw average decrease 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 $380,000
Profits averaged -3.44% per annum over a 3-year period, due to an downward trend in home prices in EDEN HILL, 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 EDEN HILL, 6054 is 4.79%.
An average of 3.67 real estate transactions take place per month in EDEN HILL which translates to 44 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $380,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -4.88% | N/A |
| Median 12 month | -1.04% | N/A |
| Median 3 years | -10.32% | N/A |
| Median 5 years | -22.45% | N/A |
| 10 years average annual | 0.34% | N/A |
| Weekly media advert. rent | $350 | N/A |
| Time on Market | 96.9 days | N/A |
| Gross Rental Yield Percent | 4.79% | N/A |
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