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...
Property investors have seen a -1.35% drop in FORRESTFIELD based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains FORRESTFIELD, 6058 saw average decrease in the long term.
The WA 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 $365,000
Profits averaged -4.02% per annum over a 3-year period, due to an downward trend in home prices in FORRESTFIELD, 6058.
This means, real estate investors could earn a rental income of $357.5 based on current median home prices for the suburb.
The gross rental yield in FORRESTFIELD, 6058 is 5.09%.
An average of 13.83 real estate transactions take place per month in FORRESTFIELD which translates to 166 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $365,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -1.35% | N/A |
| Median 12 month | -8.75% | N/A |
| Median 3 years | -12.05% | N/A |
| Median 5 years | -19.78% | N/A |
| 10 years average annual | 0.52% | N/A |
| Weekly media advert. rent | $357.5 | N/A |
| Time on Market | 68.4 days | N/A |
| Gross Rental Yield Percent | 5.09% | N/A |
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