Property investors could wear cost of changes to mortgage broker regulation
Experts fear that property investors will absorb the cost of changes to how mortgage brokers are paid and regulated, as both sides of govern...
A survey of average capital gains or median home price increase in suburbs across the country shows that the WA suburb obtained a 1.44% growth over a ten-year period. It ranks 3375th on our list of suburbs that property investors should look into.
EAST CANNINGTON, 6107 has a capital gain of -0.67% for the past year, which is lower than average compared to its -1.78% growth within a five-year period.
With the median home price in EAST CANNINGTON sitting at $442,000, and the average rent at $330, property owners could potentially earn a 3.88% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in EAST CANNINGTON are low, 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.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $442,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -1.56% | N/A |
| Median 12 month | -0.67% | N/A |
| Median 3 years | -9.8% | N/A |
| Median 5 years | -1.78% | N/A |
| 10 years average annual | 1.44% | N/A |
| Weekly media advert. rent | $330 | N/A |
| Time on Market | 78.0 days | N/A |
| Gross Rental Yield Percent | 3.88% | N/A |
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