What post-election certainty can offer the property market
Now that the election is over, the property market is set to experience some well-needed certainty. One buyer’s agent shares what investor...
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Property investors enjoyed capital gains of 3.46% over the last 12 months in RIVERTON, translating to lower returns compared with its peers in WA.
Figures from the previous quarter show that capital gains for real estate buyers in RIVERTON are high, 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 $405 based on current median home prices for the suburb.
On average, rents on listings have reached the $405 mark, reflecting a 3.44% increase in returns based on the current median price in RIVERTON.
RIVERTON, 6148 ranks 95th in WA in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 338th on the list of best yielding suburbs for rental properties in WA, posting a 3.44% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $612,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.41% | N/A |
| Median 12 month | 3.46% | N/A |
| Median 3 years | -2.93% | N/A |
| Median 5 years | -1.61% | N/A |
| 10 years average annual | 2.27% | N/A |
| Weekly media advert. rent | $405 | N/A |
| Time on Market | 58.1 days | N/A |
| Gross Rental Yield Percent | 3.44% | N/A |
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