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Property investors have seen a -1.76% 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 decrease 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 $503,500
Profits averaged -1.37% 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 $425 based on current median home prices for the suburb.
The gross rental yield in BIBRA LAKE, 6163 is 4.39%.
An average of 4.67 real estate transactions take place per month in BIBRA LAKE which translates to 56 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $503,500 | $289,500 |
| GROWTH REPORT | ||
| Median Quarterly | -1.76% | -4.14% |
| Median 12 month | -5.93% | N/A |
| Median 3 years | -4.1% | -18.45% |
| Median 5 years | -12.81% | -21.76% |
| 10 years average annual | 1.28% | -1.05% |
| Weekly media advert. rent | $425 | $350 |
| Time on Market | 86.3 days | 0.0 days |
| Gross Rental Yield Percent | 4.39% | 6.29% |
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