The top 50 regions of growing and declining dwelling value
New data has revealed the top 50 regions across the country that experienced the highest increase in dwelling values over the last year, as ...
HERNE HILL, 6056 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 $507,500.
Because of this real estate investors could earn a rental income of $360 based on current median home prices.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In HERNE HILL, homes and units usually stay on listing for an average of 0.0 days.
In 2016, 11 properties were sold in HERNE HILL during the past year, making it the 434th most active market in WA based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $507,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | N/A | N/A |
| Median 12 month | 18.16% | N/A |
| Median 3 years | N/A | N/A |
| Median 5 years | -16.12% | N/A |
| 10 years average annual | 9.35% | N/A |
| Weekly media advert. rent | $360 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 3.69% | N/A |
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