MEDINA ranks 239th in WA when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of -7.2% for the past year is lower than average compared to its -5.69% growth within a five-year period.
Also in MEDINA, the median home price is sitting at $232,000, and the average rent at $250, this suggests property owners could potentially earn a 5.6% increase in gross rental yield.
Property investors have seen a -2.52% drop in MEDINA based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a -1.38% decrease over a ten-year period. It ranks 4045th on our list of suburbs that property investors should look into.