‘Stable’ population growth to bolster building activity
Consistent population growth is set to support building activity going forward, according to an industry economist. ...
Property investments in MADDINGTON did not fare well against the rest of the country last year, registering a median home price decrease of -7.23%.
Figures from the previous quarter show that capital gains for real estate buyers in the territory are high, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains MADDINGTON, 6109 saw average decrease in the long term.
Real estate investors could earn a rental income of $300 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 89.8 days.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $295,000.
MADDINGTON ranks 83rd on the list of best yielding suburbs for rental properties in WA, posting a 5.29% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $295,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -1.67% | N/A |
| Median 12 month | -7.23% | N/A |
| Median 3 years | -22.88% | N/A |
| Median 5 years | -16.19% | N/A |
| 10 years average annual | -0.1% | N/A |
| Weekly media advert. rent | $300 | N/A |
| Time on Market | 89.8 days | N/A |
| Gross Rental Yield Percent | 5.29% | N/A |
Consistent population growth is set to support building activity going forward, according to an industry economist. ...
New research has provided insights into where the highest number of homes are being built and whether construction is rising or falling. ...
Better Choice Home Loans has launched a new 95 per cent LVR home loan product, which aims to help more first home buyers enter the property ...
The Reserve Bank has touted the possibility of an investor-driven resurgence in the residential property market. ...
CoreLogic’s Top Rental Performers Report has reported 42 out of 100 of the top-rated suburbs in all of Australia are located in Queensland...
Experts say that Perth, along with Brisbane and Adelaide, is just at the right stage of the property cycle, having achieved a balance betwee...
Get notifications in real-time for staying up to date with content that matters to you.