Property investors have seen a 4.26% 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 1.57% 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 $500 based on current median home prices for the suburb.
The gross rental yield in SOUTH PERTH, 6151 is 2.12%.
An average of 9.58 real estate transactions take place per month in SOUTH PERTH which translates to 115 per annum.
Property investments in SOUTH PERTH did not fare well against the rest of the country last year, registering a median home price decrease of 1.75%.
Figures from the previous quarter show that capital gains for real estate buyers in SOUTH PERTH are low, as opposed to average gains per annum over the past five years.
This means, real estate investors could earn a rental income of $350 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In SOUTH PERTH, homes and units usually stay on listing for an average of 106.8 days.
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 $580,000
Investors saw the median home price rise to $580,000.
SOUTH PERTH ranks 106th on the list of best yielding suburbs for rental properties in WA, posting a 3.14% return.
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