Property investors have seen a -9.2% 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 decrease 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 $1,110,000
Profits averaged -2.44% 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 $452.5 based on current median home prices for the suburb.
The gross rental yield in SOUTH PERTH, 6151 is 2.12%.
An average of 7.83 real estate transactions take place per month in SOUTH PERTH which translates to 94 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-7.31%||4.59%|
|Median 3 years||-7.31%||-5.59%|
|Median 5 years||-6.01%||9.93%|
|10 years average annual||0.96%||1.33%|
|Weekly media advert. rent||$452.5||$350|
|Time on Market||95.6 days||103.1 days|
|Gross Rental Yield Percent||2.12%||3.19%|