Popular lenders issue spate of rate cuts
Facing the prospect of an official rate cut soon, the major banks have been cutting their home loan rates out of cycle. Which of the popular...
Property investors have seen a -1.06% drop in HAMILTON HILL based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains HAMILTON HILL, 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 $465,000
Profits averaged -4.63% per annum over a 3-year period, due to an downward trend in home prices in HAMILTON HILL, 6163.
This means, real estate investors could earn a rental income of $350 based on current median home prices for the suburb.
The gross rental yield in HAMILTON HILL, 6163 is 3.91%.
An average of 13 real estate transactions take place per month in HAMILTON HILL which translates to 156 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $465,000 | $306,000 |
| GROWTH REPORT | ||
| Median Quarterly | -1.06% | -1.29% |
| Median 12 month | -1.8% | -10% |
| Median 3 years | -13.89% | -12.57% |
| Median 5 years | -12.26% | -21.54% |
| 10 years average annual | 1.59% | 1.6% |
| Weekly media advert. rent | $350 | $300 |
| Time on Market | 72.6 days | 149.2 days |
| Gross Rental Yield Percent | 3.91% | 5.1% |
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