Property management: You get what you pay for
Lately there have been some new ‘startups’ in the property management space that are trying to swing investors away from traditional pro...
Figures from the previous quarter show that capital gains for real estate buyers in RIVERTON are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $367.5 based on current median home prices for the suburb.
On average, rents on listings have reached the $367.5 mark, reflecting a 2.99% increase in returns based on the current median price in RIVERTON.
RIVERTON, 6148 ranks 286th in WA in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 350th on the list of best yielding suburbs for rental properties in WA, posting a 2.99% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $640,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.19% | N/A |
| Median 12 month | -5.88% | N/A |
| Median 3 years | -5.54% | N/A |
| Median 5 years | 14.08% | N/A |
| 10 years average annual | 3.67% | N/A |
| Weekly media advert. rent | $367.5 | N/A |
| Time on Market | 63.0 days | N/A |
| Gross Rental Yield Percent | 2.99% | N/A |
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