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Property investors enjoyed capital gains of 25% over the last 12 months in COLLIE, translating to lower returns compared with its peers in WA.
Figures from the previous quarter show that capital gains for real estate buyers in COLLIE are high, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $280 based on current median home prices for the suburb.
On average, rents on listings have reached the $280 mark, reflecting a 8.09% increase in returns based on the current median price in COLLIE.
COLLIE, 6225 ranks 24th in WA in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 17th on the list of best yielding suburbs for rental properties in WA, posting a 8.09% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||25%||N/A|
|Median 3 years||0%||N/A|
|Median 5 years||-8.51%||N/A|
|10 years average annual||-2.83%||N/A|
|Weekly media advert. rent||$280||N/A|
|Time on Market||121.9 days||N/A|
|Gross Rental Yield Percent||8.09%||N/A|