Property market update: Perth, November 2018
The Perth property market continues to show signs of positivity through record high employment levels and low residential vacancy rates, dri...
Based on its average 5-year and quarterly capital gains HARVEY, 6220 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that HARVEY, 6220 obtained a 0.42% growth over a ten-year period. It ranks 3677th on our list of suburbs that property investors should look into.
HARVEY, 6220 in WA belongs to the local government area of Harvey.
HARVEY, 6220 has a capital gain of 11.01% for the past year, which is higher than average compared to its 1.68% growth within a five-year period.
With the median home price in HARVEY sitting at $302,500, and the average rent at $330, property owners could potentially earn a 5.67% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in HARVEY are low, as opposed to average gains per annum over the past five years.
A 11.01% increase in median property prices in HARVEY, 6220 has allowed this suburb to join the ranks of best performing suburbs in WA, settling at number 30th.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $302,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -2.42% | N/A |
| Median 12 month | 11.01% | N/A |
| Median 3 years | -6.2% | N/A |
| Median 5 years | 1.68% | N/A |
| 10 years average annual | 0.42% | N/A |
| Weekly media advert. rent | $330 | N/A |
| Time on Market | 139.4 days | N/A |
| Gross Rental Yield Percent | 5.67% | N/A |
The Perth property market continues to show signs of positivity through record high employment levels and low residential vacancy rates, dri...
Property investors are increasingly turning their skill for spotting a bargain into a lucrative career as a buyer’s agent. We spoke to a p...
With the Morrison government declaring that the next budget will be a return to surplus, and an election right around the corner, a property...
An insurance body has reminded investors that use short-term letting platforms are placing assets and financial stability at risk if they do...
No capital cities recorded a value rise over the last week, with only one avoiding a value fall, new data shows. ...
The new body that fields financial complaints has fielded over 13,000 enquiries in its first month, including those relating to investment p...