AREA REPORTS

Bibra Lake

Suburb Profile

Bibra Lake - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6163

house
unit

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.

Data report can be found below

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
demographics (median values)
Total Population
6071
Weekly Household Income
1169
Household Size
2.70
demographics
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