‘Great buying opportunities’ for careful investors looking at new-builds
Situations like Sydney’s Opal Tower fiasco have buyers cautious of the new-build market, but there are bargains to be had for those who ar...
Property investors have seen a -0.25% drop in MADELEY based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MADELEY, 6065 saw average decrease 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 $587,000
Profits averaged -2.52% 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 $420 based on current median home prices for the suburb.
The gross rental yield in MADELEY, 6065 is 3.72%.
An average of 6.75 real estate transactions take place per month in MADELEY which translates to 81 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $587,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.25% | N/A |
| Median 12 month | 1.21% | N/A |
| Median 3 years | -7.56% | N/A |
| Median 5 years | -1.84% | N/A |
| 10 years average annual | 1.72% | N/A |
| Weekly media advert. rent | $420 | N/A |
| Time on Market | 84.4 days | N/A |
| Gross Rental Yield Percent | 3.72% | N/A |
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