High-end capital city markets lead property upswing
Amid the most recent recession in Australia, high-end capital city markets have outpaced growth in other areas, a new report has revealed. ...
MUNDIJONG, 6123 ranks 345th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 20.07% 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 $456,250.
The upward trend in home prices in MUNDIJONG, 6123 averaged 2.03% per annum over a 3-year period.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in MUNDIJONG.
An average of 2.33 real estate transactions take place per month in MUNDIJONG which translates to 28 per annum.
28 properties were sold in MUNDIJONG in 2016, making it the 236th most active market in WA based on total real estate transactions.
MUNDIJONG, 6123 places 70th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $456,250 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 8.63% | N/A |
| Median 12 month | 20.07% | N/A |
| Median 3 years | 6.1% | N/A |
| Median 5 years | 8.76% | N/A |
| 10 years average annual | 4.91% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 53.1 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
Amid the most recent recession in Australia, high-end capital city markets have outpaced growth in other areas, a new report has revealed. ...
Despite strong national growth grabbing headlines, not all suburbs are currently booming, with the pandemic continuing to drag down markets,...
One word: commercial. ...
Because commercial has the potential to pay itself off in just 10 to 12 years, that means debt-free passive income much sooner. ...
There are many individuals out there with portfolios worth under or around $5 million. However, you very rarely hear about people with portf...
While picking the right commercial asset to invest in can be a challenge, when you do get it right, it is more lucrative than residential in...
Get notifications in real-time for staying up to date with content that matters to you.
