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Bibra LakeBibra Lake - SUBURB PROFILE REPORT
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Property investors have seen a 3.48% gain in BIBRA LAKE based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on BIBRA LAKE, 6163 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 13.33%.
Based on its average 5-year and quarterly capital gains BIBRA LAKE, 6163 saw average growth in the long term.
The WA suburb also 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 $535,500
Profits averaged -0.37% per annum over a 3-year period, due to an downward trend in home prices in BIBRA LAKE, 6163.
This means, real estate investors could earn a rental income of $410 based on current median home prices for the suburb.
The gross rental yield in BIBRA LAKE, 6163 is 3.98%.
An average of 5.33 real estate transactions take place per month in BIBRA LAKE which translates to 64 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $535,500 | $250,000 |
| GROWTH REPORT | ||
| Median Quarterly | 3.48% | 0% |
| Median 12 month | 13.33% | -16.39% |
| Median 3 years | -1.11% | -16.67% |
| Median 5 years | -4.38% | -22.24% |
| 10 years average annual | 1.01% | -2.1% |
| Weekly media advert. rent | $410 | N/A |
| Time on Market | 49.0 days | 0.0 days |
| Gross Rental Yield Percent | 3.98% | N/A |
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