Property investors have seen a -1.91% 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 $385,000
Profits averaged -4.33% 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 $320 based on current median home prices for the suburb.
The gross rental yield in WESTMINSTER, 6061 is 4.32%.
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 12 month||-7.78%||-4.93%|
|Median 3 years||-12.99%||N/A|
|Median 5 years||3.98%||14.16%|
|10 years average annual||0.01%||-2.54%|
|Weekly media advert. rent||$320||$300|
|Time on Market||98.4 days||0.0 days|
|Gross Rental Yield Percent||4.32%||4.9%|