Property investors have seen a 3.73% gain in MURDOCH based on an increase 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 $695,000
Profits averaged -5.84% per annum over a 3-year period, due to an downward trend in home prices in MURDOCH, 6150.
This means, real estate investors could earn a rental income of $420 based on current median home prices for the suburb.
The gross rental yield in MURDOCH, 6150 is 3.14%.
An average of 1.33 real estate transactions take place per month in MURDOCH which translates to 16 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-8.85%||N/A|
|Median 3 years||-17.51%||N/A|
|Median 5 years||-5.83%||N/A|
|10 years average annual||2.18%||N/A|
|Weekly media advert. rent||$420||N/A|
|Time on Market||103.8 days||N/A|
|Gross Rental Yield Percent||3.14%||N/A|