House Prices Push Average Australian’s Wealth Even Higher In 2022
Despite worries of a housing downturn, Australians’ wealth actually increased 1.2 per cent on average in the first qua...
BALLAJURA, 6066 ranks 3173rd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 15.24% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The 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 $453,750.
The upward trend in home prices in BALLAJURA, 6066 averaged 4.96% per annum over a 3-year period.
Average weekly rents on listings have reached the $432.5 mark, reflecting a 4.96% increase in returns based on the current median price in BALLAJURA.
An average of 21.5 real estate transactions take place per month in BALLAJURA which translates to 258 per annum.
258 properties were sold in BALLAJURA in 2016, making it the 260th most active market in WA based on total real estate transactions.
BALLAJURA, 6066 places 382nd in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||15.24%||N/A|
|Median 3 years||14.87%||N/A|
|Median 5 years||5.52%||N/A|
|10 years average annual||1.52%||2.92%|
|Weekly media advert. rent||$432.5||$400|
|Time on Market||41.2 days||63.6 days|
|Gross Rental Yield Percent||4.96%||6.68%|