AREA REPORTS

Erskine

 

 

WA/
Erskine

Suburb Profile

Erskine - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6210

house
unit

Property investors enjoyed capital gains of 1.94% 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 0.29% growth over a ten-year period. It ranks 3850th on our list of suburbs that property investors should look into.

ERSKINE, 6210 has a capital gain of 1.94% for the past year, which is higher than average compared to its -5.11% growth within a five-year period.

With the median home price in ERSKINE sitting at $395,000, and the average rent at $330, property owners could potentially earn a 4.34% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in ERSKINE are low, 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

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $395,000 $397,500
GROWTH REPORT
Median Quarterly -4.24% N/A
Median 12 month 1.94% 30.33%
Median 3 years -8.14% 24.22%
Median 5 years -5.11% 29.8%
10 years average annual 0.29% 4.23%
Weekly media advert. rent $330 $280
Time on Market 122.9 days 0.0 days
Gross Rental Yield Percent 4.34% 3.66%
demographics (median values)
Total Population
3099
Weekly Household Income
814.2
Household Size
2.40
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Australia from space

Investing overseas for the first time: How this investor will do it

After acquiring nine properties in four years, investor Arjun Paliwal decided to diversify his portfolio even further by making his next pur...

Scott Morrison

A property investor’s wish list under the Coalition government

With the federal Coalition government winning another term, property investors will see three more years of the current government’s prope...

APRA

‘Absolute biggest news for finance in three years’ announced

The banking regulator intends to revise borrower assessment guidelines, but what does this mean for investors and their portfolio? Accordin...

Brisbane

How this investor dodged the pitfall of natural disasters with Brisbane property

It could be easy to purchase a property without considering the risks or ramifications associated with flooding, particularly when real esta...

Bundles of $100 notes

Why the latest moves from APRA will be good news for property investors

With the election now behind us, confidence is set to return to property markets as well as the economy in general. ...

Suburbs

Market deficits that create golden opportunities

2019 will be remembered as an interesting year for Australian real estate – and the period from May to July might prove the most consequen...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.