Property investors enjoyed capital gains of 26.24% 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 59.41% 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 $745 based on current median home prices for the suburb.
On average, rents on listings have reached the $745 mark, reflecting a 4.07% increase in returns based on the current median price in TUART HILL.
TUART HILL, 6060 ranks 64th in WA in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 257th on the list of best yielding suburbs for rental properties in WA, posting a 4.07% return.
Property investors have seen a 5.08% gain in TUART HILL based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on TUART HILL, 6060 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 15.89%.
Based on its average 5-year and quarterly capital gains TUART HILL, 6060 saw average growth in the long term.
TUART HILL, 6060 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 $620,000.
Profits due to an upward trend in home prices in TUART HILL, 6060 averaged 22.52% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $630 based on current median home prices for the suburb.
The gross rental yield in TUART HILL, 6060 is 5.28%.
An average of 16.08 real estate transactions take place per month in TUART HILL which translates to 193 per annum.