Why 2021 won’t be the death of retail and office investments
Despite being one of the hardest-hit property sectors, investors in commercial property are being advised not to abandon their investments,...
Property investors enjoyed capital gains of 10.81% over the last 12 months in BATEMAN, translating to lower returns compared with its peers in WA.
Figures from the previous quarter show that capital gains for real estate buyers in BATEMAN are high, as opposed to average gains per annum over the past five years.
The suburb posted a 6.13% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $430 based on current median home prices for the suburb.
On average, rents on listings have reached the $430 mark, reflecting a 2.97% increase in returns based on the current median price in BATEMAN.
BATEMAN, 6150 ranks 64th in WA in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 373rd on the list of best yielding suburbs for rental properties in WA, posting a 2.97% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $753,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.92% | N/A |
| Median 12 month | 10.81% | N/A |
| Median 3 years | 6.13% | N/A |
| Median 5 years | -4.68% | N/A |
| 10 years average annual | 1.69% | N/A |
| Weekly media advert. rent | $430 | N/A |
| Time on Market | 68.9 days | N/A |
| Gross Rental Yield Percent | 2.97% | N/A |
Despite being one of the hardest-hit property sectors, investors in commercial property are being advised not to abandon their investments,...
The December quarter saw auction volumes rise in combined capital city markets, with the bulk of the uplift attributed to Melbourne. ...
Regional markets have shown impressive long-term returns over 2020, in what has been a rather tumultuous year for the rest of the real estat...
Experts believe that RBA’s forecasted 30 per cent growth in property prices over the next three years will materialise in 75 per cent of A...
With investors eager to pursue opportunities post-pandemic, experts warn that plenty of risks still remain. ...
Dwelling unit commencements have continued to fall, but the bright spot has been new private sector houses, figures have shown. ...
Get notifications in real-time for staying up to date with content that matters to you.
