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Property investors have seen a 0% gain in WESTMINSTER based on an increase 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 $332,500
Profits averaged -6.63% 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 5%.
An average of 6.92 real estate transactions take place per month in WESTMINSTER which translates to 83 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $332,500 | $256,500 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | -3.02% |
| Median 12 month | -11.33% | -12.31% |
| Median 3 years | -19.88% | -25.76% |
| Median 5 years | -24.43% | N/A |
| 10 years average annual | -0.97% | -6.85% |
| Weekly media advert. rent | $320 | $305 |
| Time on Market | 101.3 days | 81.5 days |
| Gross Rental Yield Percent | 5% | 6.18% |
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