Menangle Park Could Be The Next South Western Sydney Success Story
For buyers willing to gamble on an early-stage release in an unknown suburb, the rewards might just outweigh the risks. ...
Property investors have seen a 5.13% gain in LEDA based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on LEDA, 6170 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 14.8%.
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 $287,000
Profits averaged -1.44% 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 $320 based on current median home prices for the suburb.
The gross rental yield in LEDA, 6170 is 5.8%.
An average of 3.92 real estate transactions take place per month in LEDA which translates to 47 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||14.8%||N/A|
|Median 3 years||-4.33%||N/A|
|Median 5 years||-11.69%||N/A|
|10 years average annual||-0%||N/A|
|Weekly media advert. rent||$320||N/A|
|Time on Market||62.7 days||N/A|
|Gross Rental Yield Percent||5.8%||N/A|