‘Stable’ population growth to bolster building activity
Consistent population growth is set to support building activity going forward, according to an industry economist. ...
LANDSDALE, 6065 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 $540,000.
Profits due to an downward trend in home prices in the suburb averaged -3.28% per annum over a 3-year period.
LANDSDALE now ranks at the 207th place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in LANDSDALE are low, as opposed to average gains per annum over the past five years.
Because of this real estate investors could earn a rental income of $460 based on current median home prices.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In LANDSDALE, homes and units usually stay on listing for an average of 81.5 days.
In 2016, 124 properties were sold in LANDSDALE during the past year, making it the 392nd most active market in WA based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $540,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.92% | N/A |
| Median 12 month | -2.26% | N/A |
| Median 3 years | -9.85% | N/A |
| Median 5 years | -4.42% | N/A |
| 10 years average annual | 1.38% | N/A |
| Weekly media advert. rent | $460 | N/A |
| Time on Market | 81.5 days | N/A |
| Gross Rental Yield Percent | 4.43% | N/A |
Consistent population growth is set to support building activity going forward, according to an industry economist. ...
New research has provided insights into where the highest number of homes are being built and whether construction is rising or falling. ...
Better Choice Home Loans has launched a new 95 per cent LVR home loan product, which aims to help more first home buyers enter the property ...
The Reserve Bank has touted the possibility of an investor-driven resurgence in the residential property market. ...
CoreLogic’s Top Rental Performers Report has reported 42 out of 100 of the top-rated suburbs in all of Australia are located in Queensland...
Experts say that Perth, along with Brisbane and Adelaide, is just at the right stage of the property cycle, having achieved a balance betwee...
Get notifications in real-time for staying up to date with content that matters to you.