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Property investors have seen a 2.8% 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 $1,285,000
Profits averaged 3.28% 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 2.02%.
An average of 8.83 real estate transactions take place per month in SOUTH PERTH which translates to 106 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,285,000 | $555,000 |
| GROWTH REPORT | ||
| Median Quarterly | 2.8% | -4.39% |
| Median 12 month | 9.36% | -2.63% |
| Median 3 years | 9.83% | -12.6% |
| Median 5 years | 22.38% | 0.36% |
| 10 years average annual | 2.16% | 0.79% |
| Weekly media advert. rent | $500 | $350 |
| Time on Market | 85.4 days | 108.9 days |
| Gross Rental Yield Percent | 2.02% | 3.28% |
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