PM fears impact of migration slide on residential sector
Prime Minister Scott Morrison has acknowledged the threat that a COVID-induced decline in migration could pose to residential property marke...
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The suburb’s capital gain of -4.35% for the past year is lower than average compared to its -8.33% growth within a five-year period.
Also in EAST FREMANTLE, the median home price is sitting at $1,100,000, and the average rent at $650, this suggests property owners could potentially earn a 3.07% increase in gross rental yield.
Property investors have seen a 0% gain in EAST FREMANTLE based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 2.45% growth over a ten-year period. It ranks 2699th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,100,000 | $500,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | 8.7% |
| Median 12 month | -4.35% | 12.36% |
| Median 3 years | 0% | 2.67% |
| Median 5 years | -8.33% | -6.98% |
| 10 years average annual | 2.45% | 1.08% |
| Weekly media advert. rent | $650 | $390 |
| Time on Market | 71.3 days | 99.4 days |
| Gross Rental Yield Percent | 3.07% | 4.06% |
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