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AREA REPORTS

Langford

WA/
Langford

Suburb Profile

Langford - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6147

house

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 $350,000.

The downward trend in home prices in LANGFORD, 6147 averaged -5.56% per annum over a 3-year period.

Average weekly rents on listings have reached the $300 mark, reflecting a 4.46% increase in returns based on the current median price in LANGFORD.

An average of 5 real estate transactions take place per month in LANGFORD which translates to 60 per annum.

60 properties were sold in LANGFORD in 2016, making it the 99th most active market in WA based on total real estate transactions.

LANGFORD, 6147 places 69th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $350,000 N/A
GROWTH REPORT
Median Quarterly 2.94% N/A
Median 12 month 1.89% N/A
Median 3 years -16.67% N/A
Median 5 years -6.67% N/A
10 years average annual 1.29% N/A
Weekly media advert. rent $300 N/A
Time on Market 64.7 days N/A
Gross Rental Yield Percent 4.46% N/A
demographics (median values)
Total Population
4840
Weekly Household Income
837.4
Household Size
2.60
demographics
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