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 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%|