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1 MIN READ20 Perth Suburbs That Have Already Surpassed Expert Predictions
The REIWA’s earlier forecasts for Perth’s property market are on track to be exceeded, with 20 suburbs recording bet...
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WinthropWinthrop - SUBURB PROFILE REPORT
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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 $850,000
The augmented property values in the suburb are trailing behind the territorial average of 7.26% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $580.
Home owners selling their properties and realtors in WINTHROP usually have to wait an average of 61.3 days days before their assets are lifted off the market.
The WA suburb ranks 310th on the list of best yielding suburbs for rental properties in WA, posting a 3.55% return.
It also places places th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $850,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | 1.04% | N/A |
| Median 3 years | -4.49% | N/A |
| Median 5 years | -0.58% | N/A |
| 10 years average annual | 0.26% | N/A |
| Weekly media advert. rent | $580 | N/A |
| Time on Market | 61.3 days | N/A |
| Gross Rental Yield Percent | 3.55% | N/A |
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