Regional town remains resilient despite COVID-19
Despite falling prices in many of Australia’s capital cities, a regional area is showing signs of growth, an industry expert has said. ...
Property investors have seen a 4.78% gain in NORTH FREMANTLE based on an increase in median home prices for the past three months.
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 30.5%.
Based on its average 5-year and quarterly capital gains NORTH FREMANTLE, 6159 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 $1,150,000
Profits averaged 6.6% per annum over a 3-year period, due to an upward trend in home prices in NORTH FREMANTLE, 6159.
This means, real estate investors could earn a rental income of $685 based on current median home prices for the suburb.
The gross rental yield in NORTH FREMANTLE, 6159 is 3.1%.
An average of 2.5 real estate transactions take place per month in NORTH FREMANTLE which translates to 30 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,150,000 | $777,500 |
| GROWTH REPORT | ||
| Median Quarterly | 4.78% | -3.72% |
| Median 12 month | 30.5% | 0.52% |
| Median 3 years | 19.79% | -4.31% |
| Median 5 years | -12.21% | -6.33% |
| 10 years average annual | 4.51% | 1.56% |
| Weekly media advert. rent | $685 | $500 |
| Time on Market | 75.1 days | 91.5 days |
| Gross Rental Yield Percent | 3.1% | 3.34% |
Despite falling prices in many of Australia’s capital cities, a regional area is showing signs of growth, an industry expert has said. ...
A proposal by the NSW government, which could see a major overhaul of the tax system, has been welcomed by industry experts. ...
Millennials aren’t all that interested in building a property portfolio, according to new research. ...
There are eight areas that “are about to blow up”, thanks to the advent of the federal government’s HomeBuilder grant, according to a ...
Almost half of all apartments in Australia are rented out, according to a new report which shines a comprehensive light on the types of peop...
While pausing mortgage repayments may be tempting for those struggling with payments, it may be best to explore other options first to avoid...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
