Property investment areas to watch and avoid in 2019
Based on her knowledge and experience as a property valuer, investment adviser, market commentator and author, one expert shares some of the...
Property investors enjoyed capital gains of 1.02% over the last 12 months in MADORA BAY, translating to lower returns compared with its peers in WA.
Figures from the previous quarter show that capital gains for real estate buyers in MADORA BAY are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $377.5 based on current median home prices for the suburb.
On average, rents on listings have reached the $377.5 mark, reflecting a 3.97% increase in returns based on the current median price in MADORA BAY.
MADORA BAY, 6210 ranks 132nd in WA in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 236th on the list of best yielding suburbs for rental properties in WA, posting a 3.97% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $495,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -1.39% | N/A |
| Median 12 month | 1.02% | N/A |
| Median 3 years | -9.51% | N/A |
| Median 5 years | 17.86% | N/A |
| 10 years average annual | 0.18% | N/A |
| Weekly media advert. rent | $377.5 | N/A |
| Time on Market | 144.2 days | N/A |
| Gross Rental Yield Percent | 3.97% | N/A |
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