A 8.12% increase in median property prices in ARDROSS, 6153 has allowed this suburb to join the ranks of best performing suburbs in WA, settling at number 45th.
A steady increase in median property prices over a five-year period in the suburb translates to a 11.32% capital gain.
It 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 $1,032,500
The augmented property values in the suburb are trailing above the territorial average of -1.88% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $500.
Home owners selling their properties and realtors in ARDROSS usually have to wait an average of 72.6 days days before their assets are lifted off the market.
The WA suburb ranks 380th on the list of best yielding suburbs for rental properties in WA, posting a 2.52% return.
It also places places 65th in Australia based on median property value growth during the quarter.
If you are running a genuine rental...
The rental market should be totally...
I agree Rick - it would be good and easy...
Independent Financial Adviser
Real Estate Business
Smart Property Investment
Which Investment Property
Australian Law Awards
Corporate Counsel Awards
30 Under Thirty
Partner of the Year
Women in Law
Better Business Summit
Australian Broking Awards
New Broker Academy
Bootcamp SME Broker
Australian Accounting Awards
ifa Excellence Awards
Women in Finance Awards
Adviser Innovation Summit
Tax & Legal