
$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 |
With more Australians racking up more savings than ever before and affordability improving across the real estate market, the allure of luxu...
As mortgage rates hit historical lows, Aussies are increasingly wondering whether it’s cheaper to buy or rent. ...
With wages growth at record-low levels, a property expert has warned continuing low and flat wages could impede home price growth. ...
Despite momentary disruptions, the auction market found a way to thrive and boom amid the impact of COVID-19. ...
Residential housing construction costs are trending higher as dwelling approvals for houses continue to reach record highs, a new report has...
With one in five city residents tipped to move to the regions, experts are pressing for reforms to improve limited supply, inadequate infras...