Based on its average 5-year and quarterly capital gains, the suburb saw average decrease in the long term.
The 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 $352,500.
The downward trend in home prices in MIRRABOOKA, 6061 averaged -6.93% per annum over a 3-year period.
Average weekly rents on listings have reached the $300 mark, reflecting a 4.43% increase in returns based on the current median price in MIRRABOOKA.
An average of 4.67 real estate transactions take place per month in MIRRABOOKA which translates to 56 per annum.
56 properties were sold in MIRRABOOKA in 2016, making it the 109th most active market in WA based on total real estate transactions.
MIRRABOOKA, 6061 places 274th in Australia based on median property value growth during the quarter.
How can genuine long term Landlords...
Will the property prices come down,...
You know what, all these changes to...
Independent Financial Adviser
Real Estate Business
Smart Property Investment
Which Investment Property
Australian Law Awards
Corporate Counsel Awards
30 Under Thirty
Partner of the Year
Women in Law
Better Business Summit
Australian Broking Awards
New Broker Academy
Bootcamp SME Broker
Australian Accounting Awards
ifa Excellence Awards
Women in Finance Awards
Adviser Innovation Summit
Tax & Legal