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Property investors have seen a -2.78% 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 decrease 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 $525,000
Profits averaged -2.58% 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 $395 based on current median home prices for the suburb.
The gross rental yield in BIBRA LAKE, 6163 is 3.91%.
An average of 6.25 real estate transactions take place per month in BIBRA LAKE which translates to 75 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $525,000 | $339,000 |
| GROWTH REPORT | ||
| Median Quarterly | -2.78% | 8.65% |
| Median 12 month | -2.42% | 7.28% |
| Median 3 years | -7.73% | -9.6% |
| Median 5 years | -3% | 3.99% |
| 10 years average annual | 1.41% | 0.88% |
| Weekly media advert. rent | $395 | N/A |
| Time on Market | 66.8 days | 0.0 days |
| Gross Rental Yield Percent | 3.91% | N/A |
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