Property investors have seen a 1.31% 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 $541,500
Profits averaged -2.87% 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 $392.5 based on current median home prices for the suburb.
The gross rental yield in BIBRA LAKE, 6163 is 3.77%.
An average of 6.5 real estate transactions take place per month in BIBRA LAKE which translates to 78 per annum.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $541,500 | $299,000 |
GROWTH REPORT | ||
Median Quarterly | 1.31% | N/A |
Median 12 month | 3.14% | -14.88% |
Median 3 years | -8.61% | -16.94% |
Median 5 years | 14% | -6.56% |
10 years average annual | 1.79% | 0.4% |
Weekly media advert. rent | $392.5 | N/A |
Time on Market | 74.0 days | 0.0 days |
Gross Rental Yield Percent | 3.77% | N/A |
When an industry person not from WA...
Excellent and very sound advice which...
this is stupid..... why should people...