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Success
AREA REPORTS

Success

Success - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6164

house
unit

Property investors enjoyed capital gains of 5.16% over the last 12 months in SUCCESS, translating to lower returns compared with its peers in WA.

Figures from the previous quarter show that capital gains for real estate buyers in SUCCESS are high, 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 $430 based on current median home prices for the suburb.

On average, rents on listings have reached the $430 mark, reflecting a 4.51% increase in returns based on the current median price in SUCCESS.

SUCCESS, 6164 ranks 245th in WA in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 183rd on the list of best yielding suburbs for rental properties in WA, posting a 4.51% return.

Data report can be found below

Success
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $496,000 $265,000
GROWTH REPORT
Median Quarterly 3.33% -1.49%
Median 12 month 5.16% 0.95%
Median 3 years -3.5% -10.17%
Median 5 years -8.15% -27.4%
10 years average annual -0.14% -3.44%
Weekly media advert. rent $430 $325
Time on Market 71.6 days 75.0 days
Gross Rental Yield Percent 4.51% 6.38%
demographics (median values)*
Total Population
57214
Weekly Household Income
1987
Household Size
2.90
Age
32
Monthly Loan Repayment
2145
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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