Property management company hit with $80k fine
A property management company has been fined $80,000 for failing to lodge tenancy bonds on time and for keeping records that contained false...
Based on its average 5-year and quarterly capital gains MIDLAND, 6056 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that MIDLAND, 6056 obtained a -1.12% decrease over a ten-year period. It ranks 4003rd on our list of suburbs that property investors should look into.
MIDLAND, 6056 in WA belongs to the local government area of Swan (C).
MIDLAND, 6056 has a capital gain of 1.55% for the past year, which is higher than average compared to its -26.38% growth within a five-year period.
With the median home price in MIDLAND sitting at $294,500, and the average rent at $300, property owners could potentially earn a 5.3% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in MIDLAND are high, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $294,500 | $220,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | -4.35% |
| Median 12 month | 1.55% | -14.23% |
| Median 3 years | -23.11% | -35.29% |
| Median 5 years | -26.38% | -39.31% |
| 10 years average annual | -1.12% | -3.06% |
| Weekly media advert. rent | $300 | $280 |
| Time on Market | 108.8 days | 145.2 days |
| Gross Rental Yield Percent | 5.3% | 6.62% |
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