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Gooseberry Hill
AREA REPORTS

Gooseberry Hill

Gooseberry Hill - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6076

house

Property investors enjoyed capital gains of 16.9% over the last 12 months in GOOSEBERRY HILL, translating to lower returns compared with its peers in WA.

Figures from the previous quarter show that capital gains for real estate buyers in GOOSEBERRY HILL are high, as opposed to average gains per annum over the past five years.

The suburb posted a 26.24% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $587.5 based on current median home prices for the suburb.

On average, rents on listings have reached the $587.5 mark, reflecting a 3.68% increase in returns based on the current median price in GOOSEBERRY HILL.

GOOSEBERRY HILL, 6076 ranks 191st in WA in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 308th on the list of best yielding suburbs for rental properties in WA, posting a 3.68% return.

Data report can be found below

Gooseberry Hill
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $830,000 N/A
GROWTH REPORT
Median Quarterly 5.06% N/A
Median 12 month 16.9% N/A
Median 3 years 26.24% N/A
Median 5 years 21.17% N/A
10 years average annual 1.63% N/A
Weekly media advert. rent $587.5 N/A
Time on Market 35.6 days N/A
Gross Rental Yield Percent 3.68% N/A
demographics (median values)*
Total Population
21948
Weekly Household Income
1699
Household Size
2.60
Age
45
Monthly Loan Repayment
2107
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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