Perth recovery takes COVID-19 hit
While signs were pointing to the start of a housing market recovery for Perth earlier this year, the knock-on effects of COVID-19 have impac...
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Property investors have seen a -4.84% 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 decrease 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 $442,500
Profits averaged -3.83% 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 $355 based on current median home prices for the suburb.
The gross rental yield in SAN REMO, 6210 is 4.17%.
An average of 1.83 real estate transactions take place per month in SAN REMO which translates to 22 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $442,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -4.84% | N/A |
| Median 12 month | -8.76% | N/A |
| Median 3 years | -11.5% | N/A |
| Median 5 years | -12.81% | N/A |
| 10 years average annual | -0.6% | N/A |
| Weekly media advert. rent | $355 | N/A |
| Time on Market | 118.3 days | N/A |
| Gross Rental Yield Percent | 4.17% | N/A |
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