REDBANK PLAINS 
2 MIN READFederal Election Results Revealed: What It Means For Investors
Australia has voted. Looking forward, here are the policies property purchasers, home owners, and investors can expect...
Read More
Bibra LakeBibra Lake - SUBURB PROFILE REPORT
SHARE 
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 Price | $570,000 | $235,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.79% | -4.08% |
| 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 |
Get notifications in real-time for staying up to date with content that matters to you.
Copyright © 2021 Smart Property Investment
