Property investors have seen a 5.89% gain in LEDA based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains LEDA, 6170 saw average growth in the long term.
The WA suburb also 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 $296,500
Profits averaged -4.26% per annum over a 3-year period, due to an downward trend in home prices in LEDA, 6170.
This means, real estate investors could earn a rental income of $290 based on current median home prices for the suburb.
The gross rental yield in LEDA, 6170 is 5.09%.
An average of 2.92 real estate transactions take place per month in LEDA which translates to 35 per annum.
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