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AREA REPORTS

Orelia

Suburb Profile

Orelia - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6167

house
unit

Property investments in ORELIA fare well against the rest of the country last year, registering a median home price increase of 3.68%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are high, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains ORELIA, 6167 saw average growth in the long term.

Real estate investors could earn a rental income of $277.5 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 85.3 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $239,500.

ORELIA ranks 66th on the list of best yielding suburbs for rental properties in WA, posting a 6.03% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $239,500 $117,500
GROWTH REPORT
Median Quarterly 0.63% -2.08%
Median 12 month 3.68% N/A
Median 3 years -24.69% -26.56%
Median 5 years -28.51% -42.54%
10 years average annual -2.46% 4.36%
Weekly media advert. rent $277.5 $200
Time on Market 85.3 days 0.0 days
Gross Rental Yield Percent 6.03% 8.85%
demographics (median values)
Total Population
4142
Weekly Household Income
826.8
Household Size
2.40
demographics
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