Figures from the previous quarter show that capital gains for real estate buyers in MORLEY are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $350 based on current median home prices for the suburb.
On average, rents on listings have reached the $350 mark, reflecting a 3.71% increase in returns based on the current median price in MORLEY.
MORLEY, 6062 ranks 267th in WA in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 265th on the list of best yielding suburbs for rental properties in WA, posting a 3.71% return.
Property investors have seen a -2.8% drop in MORLEY based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MORLEY, 6062 saw average decrease in the long term.
MORLEY, 6062 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 $329,500.
Profits due to an downward trend in home prices in MORLEY, 6062 averaged -8.23% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $300 based on current median home prices for the suburb.
The gross rental yield in MORLEY, 6062 is 4.73%.
An average of 2.33 real estate transactions take place per month in MORLEY which translates to 28 per annum.
Based on what is coming out of the Royal...
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