Why commercial is the new residential
Gone are the golden days where you could purchase residential properties with yields of 6, 7 or 8 per cent or build a self-sustaining prope...
Property investors have seen a 1.79% gain in MADELEY based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MADELEY, 6065 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 $570,000
Profits averaged -1.67% per annum over a 3-year period, due to an downward trend in home prices in MADELEY, 6065.
This means, real estate investors could earn a rental income of $425 based on current median home prices for the suburb.
The gross rental yield in MADELEY, 6065 is 3.88%.
An average of 5.75 real estate transactions take place per month in MADELEY which translates to 69 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $570,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.79% | N/A |
| Median 12 month | 4.59% | N/A |
| Median 3 years | -5% | N/A |
| Median 5 years | -13.54% | N/A |
| 10 years average annual | 0.63% | N/A |
| Weekly media advert. rent | $425 | N/A |
| Time on Market | 54.8 days | N/A |
| Gross Rental Yield Percent | 3.88% | N/A |
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