$3m-plus suburbs double during the pandemic as allure of luxury property grows
With more Australians racking up more savings than ever before and affordability improving across the real estate market, the allure of luxu...
Property investors have seen a 2.12% gain in KARAWARA based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on KARAWARA, 6152 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 18.32%.
Based on its average 5-year and quarterly capital gains KARAWARA, 6152 saw average growth in the long term.
The WA suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $663,750
Profits averaged 2.07% per annum over a 3-year period, due to an upward trend in home prices in KARAWARA, 6152.
This means, real estate investors could earn a rental income of $370 based on current median home prices for the suburb.
The gross rental yield in KARAWARA, 6152 is 2.9%.
An average of 1 real estate transactions take place per month in KARAWARA which translates to 12 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $663,750 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.12% | N/A |
| Median 12 month | 18.32% | N/A |
| Median 3 years | 6.2% | N/A |
| Median 5 years | -13.8% | N/A |
| 10 years average annual | -0.47% | N/A |
| Weekly media advert. rent | $370 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 2.9% | N/A |
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