Perth’s luxury property growth ranked highest in Australia
Smaller cities have outranked the major capitals for prime luxury residential real estate price growth, a new report has shown. ...
A survey of average capital gains or median home price increase in suburbs across the country shows that the WA suburb obtained a -0.64% decrease over a ten-year period. It ranks 4233rd on our list of suburbs that property investors should look into.
PARKWOOD, 6147 has a capital gain of -3.49% for the past year, which is higher than average compared to its -18.63% growth within a five-year period.
With the median home price in PARKWOOD sitting at $415,000, and the average rent at $360, property owners could potentially earn a 4.51% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in PARKWOOD are high, as opposed to average gains per annum over the past five years.
PARKWOOD, 6147 in WA belongs to the local government area of Canning (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $415,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -1.19% | N/A |
| Median 12 month | -3.49% | N/A |
| Median 3 years | -9.78% | N/A |
| Median 5 years | -18.63% | N/A |
| 10 years average annual | -0.64% | N/A |
| Weekly media advert. rent | $360 | N/A |
| Time on Market | 47.2 days | N/A |
| Gross Rental Yield Percent | 4.51% | N/A |
Smaller cities have outranked the major capitals for prime luxury residential real estate price growth, a new report has shown. ...
The banks are customer hungry, meaning they’re willing to offer increased discounts to new customers and apply these discounts to existing...
Despite the pandemic, house and unit prices rose across Australia last year. But will this resilience persist in 2021? ...
Prices across the high-end property market are tipped to see exponential growth as demand for space and comfort increases. ...
Nearly one in 10 Victorian properties is at a very high risk of a climate hazard, new research has revealed, pinpointing the regions that ...
With JobSeeker coming to an end in March, how will the Australian housing market fare? ...
Get notifications in real-time for staying up to date with content that matters to you.
