Property investors have seen a -3.08% drop in MURDOCH based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MURDOCH, 6150 saw average growth in the long term.
The WA suburb 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 $1,260,000
Profits averaged 19.67% per annum over a 3-year period, due to an upward trend in home prices in MURDOCH, 6150.
This means, real estate investors could earn a rental income of $822.5 based on current median home prices for the suburb.
The gross rental yield in MURDOCH, 6150 is 3.39%.
An average of 1.92 real estate transactions take place per month in MURDOCH which translates to 23 per annum.