Property investors enjoyed capital gains of 11.36% 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 high, 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 $395 based on current median home prices for the suburb.
On average, rents on listings have reached the $395 mark, reflecting a 4.19% increase in returns based on the current median price in MADORA BAY.
MADORA BAY, 6210 ranks 29th in WA in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 186th on the list of best yielding suburbs for rental properties in WA, posting a 4.19% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||11.36%||N/A|
|Median 3 years||-2%||N/A|
|Median 5 years||4.03%||N/A|
|10 years average annual||1.57%||N/A|
|Weekly media advert. rent||$395||N/A|
|Time on Market||103.3 days||N/A|
|Gross Rental Yield Percent||4.19%||N/A|