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A 4.66% increase in median property prices in BARRAGUP, 6209 has allowed this suburb to join the ranks of best performing suburbs in WA, settling at number 85th.
It 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 $617,500
The augmented property values in the suburb are trailing above the territorial average of -1.79% in 2016.
Home owners selling their properties and realtors in BARRAGUP usually have to wait an average of 123.3 days days before their assets are lifted off the market.
The WA suburb ranks 410th on the list of best yielding suburbs for rental properties in WA, posting a 0% return.
It also places places 178th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||4.66%||N/A|
|Median 3 years||-17.39%||N/A|
|Median 5 years||-15.41%||N/A|
|10 years average annual||-1.41%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||123.3 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|
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