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Property investors have seen a -2.26% drop in SAN REMO based on a decrease in median home prices for the past three months.
Homeowners and real estate investors betting on SAN REMO, 6210 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 15.11%.
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 $541,000
Profits averaged 3.85% 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 $467.5 based on current median home prices for the suburb.
The gross rental yield in SAN REMO, 6210 is 4.49%.
An average of 2.83 real estate transactions take place per month in SAN REMO which translates to 34 per annum.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $541,000 | N/A |
GROWTH REPORT | ||
Median Quarterly | -2.26% | N/A |
Median 12 month | 15.11% | N/A |
Median 3 years | 11.55% | N/A |
Median 5 years | 8.53% | N/A |
10 years average annual | 1.88% | N/A |
Weekly media advert. rent | $467.5 | N/A |
Time on Market | 38.5 days | N/A |
Gross Rental Yield Percent | 4.49% | N/A |