Why these suburbs are faring better than others as prices fall
New data points to which suburbs with the largest average land sizes in each capital city are bucking against general property market trends...
A survey of average capital gains or median home price increase in suburbs across the country shows that the WA suburb obtained a 0.6% growth over a ten-year period. It ranks 3779th on our list of suburbs that property investors should look into.
AVELEY, 6069 has a capital gain of -1.44% for the past year, which is higher than average compared to its -11.12% growth within a five-year period.
With the median home price in AVELEY sitting at $443,500, and the average rent at $360, property owners could potentially earn a 4.22% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in AVELEY are high, as opposed to average gains per annum over the past five years.
AVELEY, 6069 in WA belongs to the local government area of Swan (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $443,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.34% | N/A |
| Median 12 month | -1.44% | N/A |
| Median 3 years | -3.8% | N/A |
| Median 5 years | -11.12% | N/A |
| 10 years average annual | 0.6% | N/A |
| Weekly media advert. rent | $360 | N/A |
| Time on Market | 107.1 days | N/A |
| Gross Rental Yield Percent | 4.22% | N/A |
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