Perth’s luxury property growth ranked highest in Australia
Smaller cities have outranked the major capitals for prime luxury residential real estate price growth, a new report has shown. ...
The suburb’s capital gain of 7.06% for the past year is higher than average compared to its 0.21% growth within a five-year period.
Also in EAST FREMANTLE, the median home price is sitting at $1,175,000, and the average rent at $610, this suggests property owners could potentially earn a 2.7% 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 1.18% growth over a ten-year period. It ranks 3481st on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,175,000 | $475,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | -5.94% |
| Median 12 month | 7.06% | 3.26% |
| Median 3 years | 7.31% | -14.41% |
| Median 5 years | 0.21% | -28.57% |
| 10 years average annual | 1.18% | -1.26% |
| Weekly media advert. rent | $610 | $380 |
| Time on Market | 54.3 days | 76.4 days |
| Gross Rental Yield Percent | 2.7% | 4.16% |
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