Homeowners and real estate investors betting on NORTH FREMANTLE, 6159 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 22.11%.
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 $1,160,000
Profits averaged -3.47% per annum over a 3-year period, due to an downward trend in home prices in NORTH FREMANTLE, 6159.
This means, real estate investors could earn a rental income of $800 based on current median home prices for the suburb.
The gross rental yield in NORTH FREMANTLE, 6159 is 3.59%.
An average of 2.92 real estate transactions take place per month in NORTH FREMANTLE which translates to 35 per annum.
Property investments in NORTH FREMANTLE fare well against the rest of the country last year, registering a median home price increase of 7.5%.
Figures from the previous quarter show that capital gains for real estate buyers in NORTH FREMANTLE are high, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains NORTH FREMANTLE, 6159 saw average growth in the long term.
This means, real estate investors could earn a rental income of $510 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 NORTH FREMANTLE, homes and units usually stay on listing for an average of 105.3 days.
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 $860,000
Investors saw the median home price rise to $860,000.
NORTH FREMANTLE ranks 106th on the list of best yielding suburbs for rental properties in WA, posting a 3.08% return.
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