How long do market cycles last?
While most properties will double in a decade, most of the gains will happen in two to four years with six to eight years of stagnation in b...
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A survey of average capital gains or median home price increase in suburbs across the country shows that the WA suburb obtained a 0.4% growth over a ten-year period. It ranks 3658th on our list of suburbs that property investors should look into.
ERSKINE, 6210 has a capital gain of -3.8% for the past year, which is lower than average compared to its -11.53% growth within a five-year period.
With the median home price in ERSKINE sitting at $380,000, and the average rent at $340, property owners could potentially earn a 4.65% 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).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $380,000 | $265,000 |
| GROWTH REPORT | ||
| Median Quarterly | -2.56% | -2.57% |
| Median 12 month | -3.8% | N/A |
| Median 3 years | -7.32% | -35.76% |
| Median 5 years | -11.53% | -22.06% |
| 10 years average annual | 0.4% | -1.53% |
| Weekly media advert. rent | $340 | $280 |
| Time on Market | 99.1 days | 109.0 days |
| Gross Rental Yield Percent | 4.65% | 5.49% |
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