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Mirrabooka
AREA REPORTS

Mirrabooka

Mirrabooka - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6061

house

Based on its average 5-year and quarterly capital gains, the suburb saw average growth 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 $390,000.

The upward trend in home prices in MIRRABOOKA, 6061 averaged 7.29% per annum over a 3-year period.

Average weekly rents on listings have reached the $380 mark, reflecting a 5.07% increase in returns based on the current median price in MIRRABOOKA.

An average of 7 real estate transactions take place per month in MIRRABOOKA which translates to 84 per annum.

84 properties were sold in MIRRABOOKA in 2016, making it the 32nd most active market in WA based on total real estate transactions.

MIRRABOOKA, 6061 places 263rd in Australia based on median property value growth during the quarter.

Data report can be found below

Mirrabooka
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $390,000 N/A
GROWTH REPORT
Median Quarterly 2.63% N/A
Median 12 month 13.7% N/A
Median 3 years 21.88% N/A
Median 5 years -1.52% N/A
10 years average annual 1.65% N/A
Weekly media advert. rent $380 N/A
Time on Market 38.0 days N/A
Gross Rental Yield Percent 5.07% N/A
demographics (median values)*
Total Population
38563
Weekly Household Income
1225
Household Size
2.50
Age
32
Monthly Loan Repayment
1733
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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