How Will The Budget Impact The Housing Market?
While the 2021 budget included a number of measures relevant to property investors, an expert has questioned whether any...
Property investors have seen a 4.52% gain in SAN REMO based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains SAN REMO, 6210 saw average growth in the long term.
The WA suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $462,500
Profits averaged -5.02% per annum over a 3-year period, due to an downward trend in home prices in SAN REMO, 6210.
This means, real estate investors could earn a rental income of $400 based on current median home prices for the suburb.
The gross rental yield in SAN REMO, 6210 is 4.5%.
An average of 1.92 real estate transactions take place per month in SAN REMO which translates to 23 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.93%||N/A|
|Median 3 years||-15.06%||N/A|
|Median 5 years||-15.91%||N/A|
|10 years average annual||-0.6%||N/A|
|Weekly media advert. rent||$400||N/A|
|Time on Market||97.5 days||N/A|
|Gross Rental Yield Percent||4.5%||N/A|