Vacancy rates hold steady
Vacancy rates have come to a standstill in some areas, remaining at 2.2 per cent nationwide. ...
YANGEBUP, 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 $400,000.
Profits due to an downward trend in home prices in the suburb averaged -2.68% per annum over a 3-year period.
YANGEBUP now ranks at the 337th place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in YANGEBUP are low, as opposed to average gains per annum over the past five years.
Because of this real estate investors could earn a rental income of $380 based on current median home prices.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In YANGEBUP, homes and units usually stay on listing for an average of 96.9 days.
In 2016, 100 properties were sold in YANGEBUP during the past year, making it the 458th most active market in WA based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $400,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -3.61% | N/A |
| Median 12 month | -7.62% | N/A |
| Median 3 years | -8.05% | N/A |
| Median 5 years | -17.1% | N/A |
| 10 years average annual | 0.22% | N/A |
| Weekly media advert. rent | $380 | N/A |
| Time on Market | 96.9 days | N/A |
| Gross Rental Yield Percent | 4.94% | N/A |
Vacancy rates have come to a standstill in some areas, remaining at 2.2 per cent nationwide. ...
Online marketplace Grays is launching itself into the real estate and property market with the sale of land plots in Western Australia’s K...
As in most parts of the world, the COVID-19 pandemic has seen vast implications for the Australian real estate. How will the NSW capital’s...
New research has identified the top 10 areas recording the greatest change in dwelling market values from 31 March to 31 May. ...
Keen buyers are urged to be cautious before jumping in to the First Home Loan Deposit Scheme. ...
The latter half of the year is set to see less than desirable conditions in some cities, despite outlook being stronger than it was a few w...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
