WA/
Westminster

Suburb Profile

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

house
unit

Property investors have seen a -1.88% 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 growth 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 $392,500

Profits averaged -3.5% 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 $330 based on current median home prices for the suburb.

The gross rental yield in WESTMINSTER, 6061 is 4.37%.

An average of 12.92 real estate transactions take place per month in WESTMINSTER which translates to 155 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $392,500 $329,000
GROWTH REPORT
Median Quarterly -1.88% N/A
Median 12 month -9.09% -4.78%
Median 3 years -10.49% N/A
Median 5 years 4.25% 17.92%
10 years average annual 0.1% -2.23%
Weekly media advert. rent $330 $300
Time on Market 92.4 days 0.0 days
Gross Rental Yield Percent 4.37% 4.74%
demographics (median values)
Total Population
4069
Weekly Household Income
680
Household Size
2.30
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