Property investors have seen a 3.33% 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 $542,500
Profits averaged -2.89% 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 3.93%.
An average of 7.17 real estate transactions take place per month in BIBRA LAKE which translates to 86 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||2.46%||3.27%|
|Median 3 years||-8.67%||2.01%|
|Median 5 years||15.92%||10.94%|
|10 years average annual||1.98%||2.26%|
|Weekly media advert. rent||$410||N/A|
|Time on Market||68.2 days||0.0 days|
|Gross Rental Yield Percent||3.93%||N/A|