WA/
Westminster

Suburb Profile

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

house
unit

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 Price $385,000 $318,500
GROWTH REPORT
Median Quarterly -1.91% -3.19%
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%
demographics (median values)
Total Population
4069
Weekly Household Income
680
Household Size
2.30
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