Property investors have seen a 1.97% gain in ATTADALE based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains ATTADALE, 6156 saw average growth in the long term.
The WA suburb 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 $1,167,500
Profits averaged 1.48% per annum over a 3-year period, due to an upward trend in home prices in ATTADALE, 6156.
This means, real estate investors could earn a rental income of $472.5 based on current median home prices for the suburb.
The gross rental yield in ATTADALE, 6156 is 2.1%.
An average of 6.58 real estate transactions take place per month in ATTADALE which translates to 79 per annum.
Property investments in ATTADALE did not fare well against the rest of the country last year, registering a median home price decrease of -11.9%.
Figures from the previous quarter show that capital gains for real estate buyers in ATTADALE are high, as opposed to average gains per annum over the past five years.
This means, real estate investors could earn a rental income of $330 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In ATTADALE, homes and units usually stay on listing for an average of 124.2 days.
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 $441,250
Investors saw the median home price rise to $441,250.
ATTADALE ranks 80th on the list of best yielding suburbs for rental properties in WA, posting a 3.89% return.
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