Property investors have seen a 3.33% 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 $542,500
Profits averaged -2.89% 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 $410 based on current median home prices for the suburb.
The gross rental yield in BIBRA LAKE, 6163 is 3.93%.
An average of 7.17 real estate transactions take place per month in BIBRA LAKE which translates to 86 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $542,500 | $355,000 |
| GROWTH REPORT | ||
| Median Quarterly | 3.33% | N/A |
| Median 12 month | 2.46% | 3.27% |
| Median 3 years | -8.67% | 2.01% |
| Median 5 years | 15.92% | 10.94% |
| 10 years average annual | 1.98% | 2.26% |
| Weekly media advert. rent | $410 | N/A |
| Time on Market | 68.2 days | 0.0 days |
| Gross Rental Yield Percent | 3.93% | N/A |
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