BRABHAM, 6055 ranks 718th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 20.42% for property investors.
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 $855,000.
The upward trend in home prices in BRABHAM, 6055 averaged 22.99% per annum over a 3-year period.
Average weekly rents on listings have reached the $770 mark, reflecting a 4.68% increase in returns based on the current median price in BRABHAM.
An average of 21.25 real estate transactions take place per month in BRABHAM which translates to 255 per annum.
255 properties were sold in BRABHAM in 2016, making it the 271st most active market in WA based on total real estate transactions.
BRABHAM, 6055 places 165th in Australia based on median property value growth during the quarter.