Investor lull could ‘sow seeds’ of housing ‘upswing’
The Reserve Bank has touted the possibility of an investor-driven resurgence in the residential property market. ...
Property investors have seen a -3.35% drop in SOUTH PERTH based on a decrease 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 $1,227,500
Profits averaged -0.27% per annum over a 3-year period, due to an downward trend in home prices in SOUTH PERTH, 6151.
This means, real estate investors could earn a rental income of $550 based on current median home prices for the suburb.
The gross rental yield in SOUTH PERTH, 6151 is 2.33%.
An average of 9 real estate transactions take place per month in SOUTH PERTH which translates to 108 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,227,500 | $540,000 |
| GROWTH REPORT | ||
| Median Quarterly | -3.35% | -2.26% |
| Median 12 month | 4.47% | -7.38% |
| Median 3 years | -0.81% | -7.14% |
| Median 5 years | 11.59% | -1.82% |
| 10 years average annual | 2.63% | 0.69% |
| Weekly media advert. rent | $550 | $370 |
| Time on Market | 85.7 days | 101.4 days |
| Gross Rental Yield Percent | 2.33% | 3.56% |
The Reserve Bank has touted the possibility of an investor-driven resurgence in the residential property market. ...
CoreLogic’s Top Rental Performers Report has reported 42 out of 100 of the top-rated suburbs in all of Australia are located in Queensland...
Experts say that Perth, along with Brisbane and Adelaide, is just at the right stage of the property cycle, having achieved a balance betwee...
New research has shown where property owners are putting their money when it comes to renovations, with kitchens claiming the top spot for s...
There are five ways that short-term rentals are impacting Australia’s property sector, according to insight from a property management com...
An award-winning buyer’s agent has provided insight on the biggest mistakes investors make when it comes to renovating property. ...
Get notifications in real-time for staying up to date with content that matters to you.