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 $420,000.
The upward trend in home prices in MUNDIJONG, 6123 averaged 1.02% per annum over a 3-year period.
Average weekly rents on listings have reached the $390 mark, reflecting a 4.83% increase in returns based on the current median price in MUNDIJONG.
An average of 1.75 real estate transactions take place per month in MUNDIJONG which translates to 21 per annum.
21 properties were sold in MUNDIJONG in 2016, making it the 262nd most active market in WA based on total real estate transactions.
MUNDIJONG, 6123 places 281st in Australia based on median property value growth during the quarter.
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