Figures from the previous quarter show that capital gains for real estate buyers in KARDINYA are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $400 based on current median home prices for the suburb.
On average, rents on listings have reached the $400 mark, reflecting a 3.3% increase in returns based on the current median price in KARDINYA.
KARDINYA, 6163 ranks 170th in WA in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 320th on the list of best yielding suburbs for rental properties in WA, posting a 3.3% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $630,000 | $388,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | -3.36% |
| Median 12 month | -3.08% | -3.96% |
| Median 3 years | -8.7% | -14.49% |
| Median 5 years | 11.5% | 6.3% |
| 10 years average annual | 2.01% | 1.8% |
| Weekly media advert. rent | $400 | $320 |
| Time on Market | 67.1 days | 110.6 days |
| Gross Rental Yield Percent | 3.3% | 4.29% |
There is a threshold for the land value...
Hi Ho Ping
Thank you for your comments....
You are perhaps one of the few comment...