Based on its average 5-year and quarterly capital gains MIDLAND, 6056 saw average decrease 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 -0.02% decrease over a ten-year period. It ranks 4190th on our list of suburbs that property investors should look into.
MIDLAND, 6056 in WA belongs to the local government area of Swan.
MIDLAND, 6056 has a capital gain of -11.18% for the past year, which is lower than average compared to its -3.57% growth within a five-year period.
With the median home price in MIDLAND sitting at $337,500, and the average rent at $299, property owners could potentially earn a 4.61% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in MIDLAND are low, as opposed to average gains per annum over the past five years.
MIDLAND, 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 $289,000.
Profits due to an downward trend in home prices in MIDLAND, 6056 averaged -6.76% per annum over a 3-year period.
Home owners selling their properties and realtors in MIDLAND usually have to wait an average of 150.8 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $280 mark, reflecting a 5.04% increase in returns based on the current median price in MIDLAND.
MIDLAND, 6056 places 41st in Australia based on median property value growth during the quarter.