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 $380,000.
Profits due to an downward trend in home prices there averaged -4.21% per annum over a 3-year period.
Home owners selling their properties and realtors in ELLENBROOK usually have to wait an average of 105.2 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $350 mark, reflecting a 4.79% increase in returns based on the current median price in ELLENBROOK.
ELLENBROOK, 6069 places th in Australia based on median property value growth during the quarter.
Figures from the previous quarter show that capital gains for real estate buyers in ELLENBROOK are high, as opposed to average gains per annum over the past five years.
Real estate investors could earn a rental income of $275 based on current median home prices for the suburb.
Average weekly rents on listings have reached the $275 mark, reflecting a 5.2% increase in returns based on the current median price in ELLENBROOK.
ELLENBROOK ranks 23rd on the list of best yielding suburbs for rental properties in WA, posting a 5.2% return.
Nice blog .. love to read
Yes Right. Awesome share
in one word, i say REAL ESTATE SUCCESS
Independent Financial Adviser
Real Estate Business
Smart Property Investment
Which Investment Property
Australian Law Awards
Corporate Counsel Awards
30 Under Thirty
Partner of the Year
Women in Law
Better Business Summit
Australian Broking Awards
New Broker Academy
Bootcamp SME Broker
Australian Accounting Awards
ifa Excellence Awards
Women in Finance Awards
Adviser Innovation Summit
Tax & Legal