Why commercial is the new residential
Gone are the golden days where you could purchase residential properties with yields of 6, 7 or 8 per cent or build a self-sustaining prope...
A survey of average capital gains or median home price increase in suburbs across the country shows that the WA suburb obtained a -0.9% decrease over a ten-year period. It ranks 4170th on our list of suburbs that property investors should look into.
ERSKINE, 6210 has a capital gain of -1.9% for the past year, which is higher than average compared to its -10% growth within a five-year period.
With the median home price in ERSKINE sitting at $387,000, and the average rent at $340, property owners could potentially earn a 4.57% 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).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $387,000 | $280,000 |
| GROWTH REPORT | ||
| Median Quarterly | 7.5% | 5.66% |
| Median 12 month | -1.9% | 2.94% |
| Median 3 years | -1.4% | -8.2% |
| Median 5 years | -10% | -35.63% |
| 10 years average annual | -0.9% | -1.36% |
| Weekly media advert. rent | $340 | $300 |
| Time on Market | 86.7 days | 65.1 days |
| Gross Rental Yield Percent | 4.57% | 5.57% |
Gone are the golden days where you could purchase residential properties with yields of 6, 7 or 8 per cent or build a self-sustaining prope...
With most of the property market finding its footing by the end of 2020, after the COVID-induced disruption, experts have grown optimistic a...
Capital city prices could soar if the backbenchers’ continued push to enable first home buyers to access their super to fund their home de...
Sydney buyers have been flocking to one of NSW’s “best-kept secrets”, the Central Coast’s 2261 postcode region, a real estate brand ...
Homes in Sydney are selling more than $1 million above the reserve, with the preliminary clearance rate hitting new heights, new research ha...
Despite the obvious impact the COVID-19 pandemic has had on CBDs, a researcher has labelled the forecasted death of CBDs an over-exaggeratin...
Get notifications in real-time for staying up to date with content that matters to you.
