Property investors have seen a -1.88% drop in SINGLETON based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains SINGLETON, 6175 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 $417,500
Profits averaged -2.95% per annum over a 3-year period, due to an downward trend in home prices in SINGLETON, 6175.
This means, real estate investors could earn a rental income of $350 based on current median home prices for the suburb.
The gross rental yield in SINGLETON, 6175 is 4.36%.
An average of 3.75 real estate transactions take place per month in SINGLETON which translates to 45 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-1.76%||N/A|
|Median 3 years||-8.84%||N/A|
|Median 5 years||0.6%||N/A|
|10 years average annual||-1.62%||N/A|
|Weekly media advert. rent||$350||N/A|
|Time on Market||106.8 days||N/A|
|Gross Rental Yield Percent||4.36%||N/A|