‘Great buying opportunities’ for careful investors looking at new-builds
Situations like Sydney’s Opal Tower fiasco have buyers cautious of the new-build market, but there are bargains to be had for those who ar...
Based on its average 5-year and quarterly capital gains JOONDANNA, 6060 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 JOONDANNA, 6060 obtained a 0.99% growth over a ten-year period. It ranks 3535th on our list of suburbs that property investors should look into.
JOONDANNA, 6060 in WA belongs to the local government area of Stirling.
JOONDANNA, 6060 has a capital gain of 4.21% for the past year, which is higher than average compared to its 0.78% growth within a five-year period.
With the median home price in JOONDANNA sitting at $650,000, and the average rent at $395, property owners could potentially earn a 3.16% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in JOONDANNA are low, as opposed to average gains per annum over the past five years.
A 4.21% increase in median property prices in JOONDANNA, 6060 has allowed this suburb to join the ranks of best performing suburbs in WA, settling at number 89th.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $650,000 | $352,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | 0.57% |
| Median 12 month | 4.21% | -10.49% |
| Median 3 years | -13.33% | -13.41% |
| Median 5 years | 0.78% | -10.89% |
| 10 years average annual | 0.99% | 0.53% |
| Weekly media advert. rent | $395 | $270 |
| Time on Market | 68.8 days | 105.3 days |
| Gross Rental Yield Percent | 3.16% | 3.99% |
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