Menangle Park Could Be The Next South Western Sydney Success Story
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Property investors enjoyed capital gains of 11.96% over the last 12 months in MAIDA VALE, translating to lower returns compared with its peers in WA.
A survey of average capital gains or median home price increase in suburbs across the country shows that the WA suburb obtained a 0.66% growth over a ten-year period. It ranks 3897th on our list of suburbs that property investors should look into.
MAIDA VALE, 6057 has a capital gain of 11.96% for the past year, which is higher than average compared to its -2.18% growth within a five-year period.
With the median home price in MAIDA VALE sitting at $515,000, and the average rent at $420, property owners could potentially earn a 4.24% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in MAIDA VALE are low, as opposed to average gains per annum over the past five years.
MAIDA VALE, 6057 in WA belongs to the local government area of Kalamunda (S).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||11.96%||N/A|
|Median 3 years||0.98%||N/A|
|Median 5 years||-2.18%||N/A|
|10 years average annual||0.66%||N/A|
|Weekly media advert. rent||$420||N/A|
|Time on Market||59.2 days||N/A|
|Gross Rental Yield Percent||4.24%||N/A|