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Shelley

WA/
Shelley

Suburb Profile

Shelley - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6148

house

A 7.12% increase in median property prices in SHELLEY, 6148 has allowed this suburb to join the ranks of best performing suburbs in WA, settling at number 53rd.

A steady increase in median property prices over a five-year period in the suburb translates to a 6.21% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $940,000

The augmented property values in the suburb are trailing above the territorial average of -1.74% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $400.

Home owners selling their properties and realtors in SHELLEY usually have to wait an average of 75.3 days days before their assets are lifted off the market.

The WA suburb ranks 410th on the list of best yielding suburbs for rental properties in WA, posting a 2.21% return.

It also places places 301st 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 $940,000 N/A
GROWTH REPORT
Median Quarterly -2.89% N/A
Median 12 month 7.12% N/A
Median 3 years 6.21% N/A
Median 5 years 3.58% N/A
10 years average annual 6.12% N/A
Weekly media advert. rent $400 N/A
Time on Market 75.3 days N/A
Gross Rental Yield Percent 2.21% N/A
demographics (median values)
Total Population
4404
Weekly Household Income
1158
Household Size
2.60
demographics
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