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AREA REPORTS

Shelley

Suburb Profile

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

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 2.84% 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 $897,750

The augmented property values in the suburb are trailing behind the territorial average of -1.64% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $482.5.

Home owners selling their properties and realtors in SHELLEY usually have to wait an average of 98.3 days days before their assets are lifted off the market.

The WA suburb ranks 402nd on the list of best yielding suburbs for rental properties in WA, posting a 2.79% return.

It also places places 255th 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 $897,750 $479,500
GROWTH REPORT
Median Quarterly -1.35% 15.54%
Median 12 month -3.47% N/A
Median 3 years 2.84% N/A
Median 5 years 5% -13.6%
10 years average annual 3.59% 4.41%
Weekly media advert. rent $482.5 $350
Time on Market 98.3 days 59.9 days
Gross Rental Yield Percent 2.79% 3.8%
demographics (median values)
Total Population
4404
Weekly Household Income
1158
Household Size
2.60
demographics
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Top 10 Birth Countries
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