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Tuart Hill
AREA REPORTS

Tuart Hill

Tuart Hill - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6060

house
unit

Property investors enjoyed capital gains of 22.33% over the last 12 months in TUART HILL, translating to lower returns compared with its peers in WA.

Figures from the previous quarter show that capital gains for real estate buyers in TUART HILL are low, as opposed to average gains per annum over the past five years.

The suburb posted a 17.76% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $450 based on current median home prices for the suburb.

On average, rents on listings have reached the $450 mark, reflecting a 3.71% increase in returns based on the current median price in TUART HILL.

TUART HILL, 6060 ranks 106th in WA in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 304th on the list of best yielding suburbs for rental properties in WA, posting a 3.71% return.

Data report can be found below

Tuart Hill
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $630,000 $365,000
GROWTH REPORT
Median Quarterly 2.86% 0.69%
Median 12 month 22.33% 2.1%
Median 3 years 17.76% 1.96%
Median 5 years 18.31% -3.95%
10 years average annual 1.88% 1.63%
Weekly media advert. rent $450 $370
Time on Market 44.7 days 35.5 days
Gross Rental Yield Percent 3.71% 5.27%
demographics (median values)*
Total Population
23393
Weekly Household Income
1420
Household Size
2.10
Age
36
Monthly Loan Repayment
1950
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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