Based on its average 5-year and quarterly capital gains COCKBURN CENTRAL, 6164 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that COCKBURN CENTRAL, 6164 obtained a 29.59% growth over a ten-year period. It ranks 3502nd on our list of suburbs that property investors should look into.
COCKBURN CENTRAL, 6164 in WA belongs to the local government area of Cockburn.
COCKBURN CENTRAL, 6164 has a capital gain of 0% for the past year, which is lower than average compared to its 63.49% growth within a five-year period.
With the median home price in COCKBURN CENTRAL sitting at $792,944, and the average rent at $750, property owners could potentially earn a 4.92% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in COCKBURN CENTRAL are low, as opposed to average gains per annum over the past five years.
Homeowners and real estate investors betting on COCKBURN CENTRAL, 6164 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 23.26%.
A steady increase in median property prices over a five-year period in COCKBURN CENTRAL, 6164 translates to a 59.16% capital gain.
Property investors enjoyed capital gains of 23.26% over the last 12 months in COCKBURN CENTRAL, translating to lower returns compared with its peers in WA.
COCKBURN CENTRAL, 6164 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 $530,000.
Profits due to an upward trend in home prices in COCKBURN CENTRAL, 6164 averaged 19.72% per annum over a 3-year period.
Home owners selling their properties and realtors in COCKBURN CENTRAL usually have to wait an average of 26.4 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $620 mark, reflecting a 6.08% increase in returns based on the current median price in COCKBURN CENTRAL.
COCKBURN CENTRAL, 6164 places 120th in Australia based on median property value growth during the quarter.