Figures from the previous quarter show that capital gains for real estate buyers in MOUNT PLEASANT are high, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $500 based on current median home prices for the suburb.
On average, rents on listings have reached the $500 mark, reflecting a 2.36% increase in returns based on the current median price in MOUNT PLEASANT.
MOUNT PLEASANT, 6153 ranks 160th in WA in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 385th on the list of best yielding suburbs for rental properties in WA, posting a 2.36% return.
Property investors have seen a -15.38% drop in MOUNT PLEASANT based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MOUNT PLEASANT, 6153 saw average decrease in the long term.
MOUNT PLEASANT, 6153 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 $550,000.
Profits due to an downward trend in home prices in MOUNT PLEASANT, 6153 averaged -2.62% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $380 based on current median home prices for the suburb.
The gross rental yield in MOUNT PLEASANT, 6153 is 3.59%.
An average of 1.33 real estate transactions take place per month in MOUNT PLEASANT which translates to 16 per annum.
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