Property investors enjoyed capital gains of 16.54% over the last 12 months in WHITE GUM VALLEY, translating to lower returns compared with its peers in WA.
Figures from the previous quarter show that capital gains for real estate buyers in WHITE GUM VALLEY are low, as opposed to average gains per annum over the past five years.
The suburb posted a 58.64% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $962.5 based on current median home prices for the suburb.
On average, rents on listings have reached the $962.5 mark, reflecting a 3.3% increase in returns based on the current median price in WHITE GUM VALLEY.
WHITE GUM VALLEY, 6162 ranks 235th in WA in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 320th on the list of best yielding suburbs for rental properties in WA, posting a 3.3% return.
Property investors have seen a 0% gain in WHITE GUM VALLEY based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on WHITE GUM VALLEY, 6162 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 39.65%.
Based on its average 5-year and quarterly capital gains WHITE GUM VALLEY, 6162 saw average growth in the long term.
WHITE GUM VALLEY, 6162 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $722,000.
Profits due to an upward trend in home prices in WHITE GUM VALLEY, 6162 averaged 12.95% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $770 based on current median home prices for the suburb.
The gross rental yield in WHITE GUM VALLEY, 6162 is 5.55%.
An average of 0.83 real estate transactions take place per month in WHITE GUM VALLEY which translates to 10 per annum.