Property investors have seen a -7.38% 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 decrease 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 $666,888
Profits averaged -7.48% 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 $440 based on current median home prices for the suburb.
The gross rental yield in MURDOCH, 6150 is 3.43%.
An average of 1.58 real estate transactions take place per month in MURDOCH which translates to 19 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-12.83%||N/A|
|Median 3 years||-22.45%||N/A|
|Median 5 years||-2.64%||N/A|
|10 years average annual||1.15%||N/A|
|Weekly media advert. rent||$440||N/A|
|Time on Market||76.1 days||N/A|
|Gross Rental Yield Percent||3.43%||N/A|