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Spearwood

Suburb Profile

Spearwood - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6163

house
unit

A survey of average capital gains or median home price increase in suburbs across the country shows that the WA suburb obtained a -0.53% decrease over a ten-year period. It ranks 4254th on our list of suburbs that property investors should look into.

SPEARWOOD, 6163 has a capital gain of -2.82% for the past year, which is higher than average compared to its -18.1% growth within a five-year period.

With the median home price in SPEARWOOD sitting at $430,000, and the average rent at $352.5, property owners could potentially earn a 4.26% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in SPEARWOOD are high, as opposed to average gains per annum over the past five years.

SPEARWOOD, 6163 in WA belongs to the local government area of Cockburn (C).

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $430,000 $256,500
GROWTH REPORT
Median Quarterly 0% 0.59%
Median 12 month -2.82% -11.55%
Median 3 years -6.01% -28.75%
Median 5 years -18.1% -34.23%
10 years average annual -0.53% 0.34%
Weekly media advert. rent $352.5 $300
Time on Market 77.3 days 130.2 days
Gross Rental Yield Percent 4.26% 6.08%
demographics (median values)
Total Population
8944
Weekly Household Income
910.9
Household Size
2.50
demographics
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