Borrowers feel the pinch of 'really strict' lending rules
Former Queensland state premier, Anna Bligh, has hit out at the strict serviceability rules lenders have imposed on borrowers, arguing they ...
Based on its average 5-year and quarterly capital gains ALFRED COVE, 6154 saw average decrease in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that ALFRED COVE, 6154 obtained a 2.09% growth over a ten-year period. It ranks 2929th on our list of suburbs that property investors should look into.
ALFRED COVE, 6154 in WA belongs to the local government area of Melville (C).
ALFRED COVE, 6154 has a capital gain of 2.07% for the past year, which is higher than average compared to its -6.62% growth within a five-year period.
With the median home price in ALFRED COVE sitting at $763,000, and the average rent at $465, property owners could potentially earn a 3.17% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in ALFRED COVE are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $763,000 | $410,000 |
| GROWTH REPORT | ||
| Median Quarterly | -5.51% | -1.2% |
| Median 12 month | 2.07% | -18.89% |
| Median 3 years | -8.4% | N/A |
| Median 5 years | -6.62% | N/A |
| 10 years average annual | 2.09% | -18.89% |
| Weekly media advert. rent | $465 | $400 |
| Time on Market | 77.0 days | 0.0 days |
| Gross Rental Yield Percent | 3.17% | 5.07% |
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