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Erskine
AREA REPORTS

Erskine

Erskine - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6210

house
unit

Property investors enjoyed capital gains of 15.38% over the last 12 months in ERSKINE, translating to lower returns compared with its peers in WA.

A survey of average capital gains or median home price increase in suburbs across the country shows that the WA suburb obtained a 1.01% growth over a ten-year period. It ranks 4371st on our list of suburbs that property investors should look into.

ERSKINE, 6210 has a capital gain of 15.38% for the past year, which is higher than average compared to its 5.88% growth within a five-year period.

With the median home price in ERSKINE sitting at $450,000, and the average rent at $400, property owners could potentially earn a 4.62% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in ERSKINE are high, as opposed to average gains per annum over the past five years.

ERSKINE, 6210 in WA belongs to the local government area of Mandurah (C).

Data report can be found below

Erskine
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $450,000 $273,250
GROWTH REPORT
Median Quarterly 4.65% -1.18%
Median 12 month 15.38% 2.34%
Median 3 years 20.94% 14.33%
Median 5 years 5.88% -42.17%
10 years average annual 1.01% -2.66%
Weekly media advert. rent $400 $350
Time on Market 40.8 days 65.7 days
Gross Rental Yield Percent 4.62% 6.66%
demographics (median values)*
Total Population
68316
Weekly Household Income
1127
Household Size
2.40
Age
44
Monthly Loan Repayment
1777
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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