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Midland

Suburb Profile

Midland - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6056

house
unit

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 -1.4% decrease over a ten-year period. It ranks 4016th 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 5.56% for the past year, which is higher than average compared to its -30.49% growth within a five-year period.

With the median home price in MIDLAND sitting at $285,000, and the average rent at $300, property owners could potentially earn a 5.47% 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.

A 5.56% increase in median property prices in MIDLAND, 6056 has allowed this suburb to join the ranks of best performing suburbs in WA, settling at number 78th.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $285,000 $225,500
GROWTH REPORT
Median Quarterly 0% -0.66%
Median 12 month 5.56% -9.62%
Median 3 years -20.72% -31.67%
Median 5 years -30.49% -38.22%
10 years average annual -1.4% -3.5%
Weekly media advert. rent $300 $280
Time on Market 96.5 days 90.7 days
Gross Rental Yield Percent 5.47% 6.46%
demographics (median values)
Total Population
3937
Weekly Household Income
615.2
Household Size
1.90
demographics
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