Based on its average 5-year and quarterly capital gains, the suburb saw average decrease 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 $420,000.
The downward trend in home prices in HIGH WYCOMBE, 6057 averaged -4.09% per annum over a 3-year period.
Average weekly rents on listings have reached the $380 mark, reflecting a 4.7% increase in returns based on the current median price in HIGH WYCOMBE.
An average of 15.75 real estate transactions take place per month in HIGH WYCOMBE which translates to 189 per annum.
189 properties were sold in HIGH WYCOMBE in 2016, making it the 277th most active market in WA based on total real estate transactions.
HIGH WYCOMBE, 6057 places 270th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-7.69%||N/A|
|Median 3 years||-12.27%||N/A|
|Median 5 years||-1.18%||N/A|
|10 years average annual||0.83%||N/A|
|Weekly media advert. rent||$380||N/A|
|Time on Market||81.6 days||N/A|
|Gross Rental Yield Percent||4.7%||N/A|