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Property investors have seen a -5.45% drop in SAN REMO based on a decrease 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 $503,500
Profits averaged 0.92% per annum over a 3-year period, due to an upward trend in home prices in SAN REMO, 6210.
This means, real estate investors could earn a rental income of $360 based on current median home prices for the suburb.
The gross rental yield in SAN REMO, 6210 is 3.72%.
An average of 0.83 real estate transactions take place per month in SAN REMO which translates to 10 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $503,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -5.45% | N/A |
| Median 12 month | -8.45% | N/A |
| Median 3 years | 2.76% | N/A |
| Median 5 years | 16.42% | N/A |
| 10 years average annual | -0.85% | N/A |
| Weekly media advert. rent | $360 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 3.72% | N/A |
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