Housing market reached turning point mid-2019
New research has supported the idea that Australia’s housing market “reached a turning point” midway through 2019. ...
Subscribe to our newsletter
A survey of average capital gains or median home price increase in suburbs across the country shows that the WA suburb obtained a 1.38% growth over a ten-year period. It ranks 3333rd on our list of suburbs that property investors should look into.
EAST CANNINGTON, 6107 has a capital gain of -1.85% for the past year, which is higher than average compared to its -11.35% growth within a five-year period.
With the median home price in EAST CANNINGTON sitting at $425,500, and the average rent at $370, property owners could potentially earn a 4.52% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in EAST CANNINGTON are high, as opposed to average gains per annum over the past five years.
EAST CANNINGTON, 6107 in WA belongs to the local government area of Canning (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $425,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.7% | N/A |
| Median 12 month | -1.85% | N/A |
| Median 3 years | -9.76% | N/A |
| Median 5 years | -11.35% | N/A |
| 10 years average annual | 1.38% | N/A |
| Weekly media advert. rent | $370 | N/A |
| Time on Market | 78.5 days | N/A |
| Gross Rental Yield Percent | 4.52% | N/A |
New research has supported the idea that Australia’s housing market “reached a turning point” midway through 2019. ...
“Social distancing – no. Physical distancing – yes,” says Mark Armstrong, CEO and co-founder of RateMyAgent. ...
The world came to a halt in March following the imposition of city-wide lockdowns to combat the spread of COVID-19. How will the Melbourne p...
Following a raft of fiscal changes to protect businesses and workers, the focus has shifted to housing, with landlords and tenants urged to ...
The government has unveiled its previously announced commercial leasing code of conduct, which aims to protect tenants and landlords facing ...
With a recession seemingly imminent, many investors are understandably concerned as they’ve seen their share investments drop in value, wr...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
