Property investors have seen a -0.93% 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 $535,000
Profits averaged -1.63% 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 3.89%.
An average of 6 real estate transactions take place per month in BIBRA LAKE which translates to 72 per annum.
Property investments in BIBRA LAKE did not fare well against the rest of the country last year, registering a median home price decrease of -11.76%.
It is expected for properties to spend some time on the market prior to a successful sale. In BIBRA LAKE, homes and units usually stay on listing for an average of 0.0 days.
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 $300,000
Investors saw the median home price rise to $300,000.
BIBRA LAKE ranks 115th on the list of best yielding suburbs for rental properties in WA, posting a 0% return.
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