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Based on its average 5-year and quarterly capital gains ALFRED COVE, 6154 saw average growth 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 2.8% growth over a ten-year period. It ranks 2508th 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 12.42% for the past year, which is higher than average compared to its -4.88% growth within a five-year period.
With the median home price in ALFRED COVE sitting at $837,500, and the average rent at $550, property owners could potentially earn a 3.41% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in ALFRED COVE are high, as opposed to average gains per annum over the past five years.
A 12.42% increase in median property prices in ALFRED COVE, 6154 has allowed this suburb to join the ranks of best performing suburbs in WA, settling at number 36th.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $837,500 | $555,000 |
| GROWTH REPORT | ||
| Median Quarterly | 3.72% | N/A |
| Median 12 month | 12.42% | 35.37% |
| Median 3 years | 14.73% | N/A |
| Median 5 years | -4.88% | N/A |
| 10 years average annual | 2.8% | 16.15% |
| Weekly media advert. rent | $550 | $372.5 |
| Time on Market | 84.7 days | 0.0 days |
| Gross Rental Yield Percent | 3.41% | 3.49% |
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