Property investors have seen a -2.49% drop in BIBRA LAKE based on a decrease in median home prices for the past three months.
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 $529,000
Profits averaged -3.02% 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 $400 based on current median home prices for the suburb.
The gross rental yield in BIBRA LAKE, 6163 is 3.93%.
An average of 6.58 real estate transactions take place per month in BIBRA LAKE which translates to 79 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-0.19%||-14.57%|
|Median 3 years||-9.07%||-13.33%|
|Median 5 years||12.55%||-6.56%|
|10 years average annual||1.53%||0.72%|
|Weekly media advert. rent||$400||$330|
|Time on Market||60.4 days||0.0 days|
|Gross Rental Yield Percent||3.93%||5.74%|