Property investors have seen a -2.2% 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 $532,500
Profits averaged 0.16% 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 $350 based on current median home prices for the suburb.
The gross rental yield in SAN REMO, 6210 is 3.42%.
An average of 1 real estate transactions take place per month in SAN REMO which translates to 12 per annum.
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