WA/
Westminster

Suburb Profile

Westminster - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6061

house
unit

Property investors have seen a -1.83% drop in WESTMINSTER based on a decrease in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains WESTMINSTER, 6061 saw average decrease in the long term.

The WA 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 $376,000

Profits averaged -4.98% per annum over a 3-year period, due to an downward trend in home prices in WESTMINSTER, 6061.

This means, real estate investors could earn a rental income of $300 based on current median home prices for the suburb.

The gross rental yield in WESTMINSTER, 6061 is 4.15%.

An average of 10.17 real estate transactions take place per month in WESTMINSTER which translates to 122 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $376,000 $287,500
GROWTH REPORT
Median Quarterly -1.83% -1.03%
Median 12 month -5.76% -12.75%
Median 3 years -14.93% -17.5%
Median 5 years -5.88% N/A
10 years average annual -0.2% -3.55%
Weekly media advert. rent $300 $297.5
Time on Market 104.8 days 165.2 days
Gross Rental Yield Percent 4.15% 5.38%
demographics (median values)
Total Population
4069
Weekly Household Income
680
Household Size
2.30
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Capital Gains Tax (CGT) Calculator

Westminster, WA
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