Federal Election Results Revealed: What It Means For Investors
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Property investors have seen a 1.79% gain in BIBRA LAKE based on an increase 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 $570,000
Profits averaged 2.35% per annum over a 3-year period, due to an upward trend in home prices in BIBRA LAKE, 6163.
This means, real estate investors could earn a rental income of $500 based on current median home prices for the suburb.
The gross rental yield in BIBRA LAKE, 6163 is 4.56%.
An average of 6.92 real estate transactions take place per month in BIBRA LAKE which translates to 83 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||5.75%||-6%|
|Median 3 years||7.04%||-16.07%|
|Median 5 years||10.14%||-33.1%|
|10 years average annual||2.51%||-3.18%|
|Weekly media advert. rent||$500||N/A|
|Time on Market||22.1 days||51.6 days|
|Gross Rental Yield Percent||4.56%||N/A|