Property investors have seen a 2.3% gain in SOUTH PERTH based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains SOUTH PERTH, 6151 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 $1,225,000
Profits averaged 1.42% per annum over a 3-year period, due to an upward trend in home prices in SOUTH PERTH, 6151.
This means, real estate investors could earn a rental income of $475 based on current median home prices for the suburb.
The gross rental yield in SOUTH PERTH, 6151 is 2.02%.
An average of 8.33 real estate transactions take place per month in SOUTH PERTH which translates to 100 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||2.51%||9.62%|
|Median 3 years||4.26%||-1.21%|
|Median 5 years||7.46%||8.57%|
|10 years average annual||2.03%||1.69%|
|Weekly media advert. rent||$475||$350|
|Time on Market||101.3 days||105.2 days|
|Gross Rental Yield Percent||2.02%||3.19%|