Property investors have seen a 2.6% gain in NORTH FREMANTLE based on an increase in median home prices for the past three months.
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 $985,000
Profits averaged -5.63% 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 $725 based on current median home prices for the suburb.
The gross rental yield in NORTH FREMANTLE, 6159 is 3.83%.
An average of 3 real estate transactions take place per month in NORTH FREMANTLE which translates to 36 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||2.6%||2.48%|
|Median 3 years||-16.88%||-1.49%|
|Median 5 years||20.56%||-2.07%|
|10 years average annual||0.36%||16.21%|
|Weekly media advert. rent||$725||$550|
|Time on Market||58.3 days||120.5 days|
|Gross Rental Yield Percent||3.83%||3.46%|