Figures from the previous quarter show that capital gains for real estate buyers in SUCCESS 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 4.05% increase in returns based on the current median price in SUCCESS.
SUCCESS, 6164 ranks 212th in WA in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 212th on the list of best yielding suburbs for rental properties in WA, posting a 4.05% return.
Property investors have seen a -2.78% drop in SUCCESS based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains SUCCESS, 6164 saw average decrease in the long term.
SUCCESS, 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 $315,000.
Profits due to an downward trend in home prices in SUCCESS, 6164 averaged -9.4% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $317.5 based on current median home prices for the suburb.
The gross rental yield in SUCCESS, 6164 is 5.24%.
An average of 1.75 real estate transactions take place per month in SUCCESS which translates to 21 per annum.
When an industry person not from WA...
Excellent and very sound advice which...
this is stupid..... why should people...
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