Property market update: Sydney, May 2020
As the world continues to face the effects of the COVID-19 pandemic, how will the Sydney property market move to recover over the long-term?...
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Figures from the previous quarter show that capital gains for real estate buyers in SOUTH YUNDERUP are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $320 based on current median home prices for the suburb.
On average, rents on listings have reached the $320 mark, reflecting a 3.4% increase in returns based on the current median price in SOUTH YUNDERUP.
SOUTH YUNDERUP, 6208 ranks 274th in WA in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 360th on the list of best yielding suburbs for rental properties in WA, posting a 3.4% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $490,000 | $299,000 |
| GROWTH REPORT | ||
| Median Quarterly | -3.92% | 1.36% |
| Median 12 month | -4.85% | N/A |
| Median 3 years | -4.39% | N/A |
| Median 5 years | -12.11% | N/A |
| 10 years average annual | -1.18% | N/A |
| Weekly media advert. rent | $320 | $270 |
| Time on Market | 91.7 days | 0.0 days |
| Gross Rental Yield Percent | 3.4% | 4.7% |
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