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Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The 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 $440,000.
The upward trend in home prices in BRABHAM, 6055 averaged 17.24% per annum over a 3-year period.
Average weekly rents on listings have reached the $450 mark, reflecting a 5.32% increase in returns based on the current median price in BRABHAM.
An average of 11.5 real estate transactions take place per month in BRABHAM which translates to 138 per annum.
138 properties were sold in BRABHAM in 2016, making it the 425th most active market in WA based on total real estate transactions.
BRABHAM, 6055 places 286th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||14.14%||N/A|
|Median 3 years||51.72%||N/A|
|Median 5 years||10%||N/A|
|10 years average annual||9.73%||N/A|
|Weekly media advert. rent||$450||N/A|
|Time on Market||28.0 days||N/A|
|Gross Rental Yield Percent||5.32%||N/A|