The 'nitty gritty' of property economics catching out property investors
One buyers agent is "constantly amazed" by the ongoing misconceptions in property investment about the underlying economics which dictate wh...
Property investors enjoyed capital gains of 4.23% over the last 12 months in WILSON, translating to lower returns compared with its peers in WA.
A survey of average capital gains or median home price increase in suburbs across the country shows that the WA suburb obtained a 2.94% growth over a ten-year period. It ranks 2515th on our list of suburbs that property investors should look into.
WILSON, 6107 has a capital gain of 4.23% for the past year, which is higher than average compared to its -4.46% growth within a five-year period.
With the median home price in WILSON sitting at $535,000, and the average rent at $370, property owners could potentially earn a 3.6% increase in gross rental yield.
A 4.23% increase in median property prices in WILSON, 6107 has allowed this suburb to join the ranks of best performing suburbs in WA, settling at number 83rd.
Figures from the previous quarter show that capital gains for real estate buyers in WILSON are high, as opposed to average gains per annum over the past five years.
WILSON, 6107 in WA belongs to the local government area of Canning (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $535,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.71% | N/A |
| Median 12 month | 4.23% | N/A |
| Median 3 years | -1.38% | N/A |
| Median 5 years | -4.46% | N/A |
| 10 years average annual | 2.94% | N/A |
| Weekly media advert. rent | $370 | N/A |
| Time on Market | 80.4 days | N/A |
| Gross Rental Yield Percent | 3.6% | N/A |
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