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.
Property investments in WESTMINSTER did not fare well against the rest of the country last year, registering a median home price decrease of -12.75%.
Based on its average 5-year and quarterly capital gains WESTMINSTER, 6061 saw average growth in the long term.
This means, real estate investors could earn a rental income of $297.5 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In WESTMINSTER, homes and units usually stay on listing for an average of 165.2 days.
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 $287,500
Investors saw the median home price rise to $287,500.
WESTMINSTER ranks 21st on the list of best yielding suburbs for rental properties in WA, posting a 5.38% return.
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