Federal Election Results Revealed: What It Means For Investors
Australia has voted. Looking forward, here are the policies property purchasers, home owners, and investors can expect...
HILBERT, 6112 ranks 46th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 58.73% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $400,000.
The upward trend in home prices in HILBERT, 6112 averaged 5.6% per annum over a 3-year period.
Average weekly rents on listings have reached the $440 mark, reflecting a 5.72% increase in returns based on the current median price in HILBERT.
An average of 6.5 real estate transactions take place per month in HILBERT which translates to 78 per annum.
78 properties were sold in HILBERT in 2016, making it the 50th most active market in WA based on total real estate transactions.
HILBERT, 6112 places 276th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||58.73%||N/A|
|Median 3 years||16.79%||N/A|
|Median 5 years||20.48%||N/A|
|10 years average annual||13.88%||N/A|
|Weekly media advert. rent||$440||N/A|
|Time on Market||32.5 days||N/A|
|Gross Rental Yield Percent||5.72%||N/A|