
Property Market Update: Perth, May 2022
Perth continued to outperform its bigger capital counterparts in May, as the city closed up the autumn season with a sol...
Property investors have seen a 2.78% gain in COLLEGE GROVE based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains COLLEGE GROVE, 6230 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 $370,000
Profits averaged 3.48% per annum over a 3-year period, due to an upward trend in home prices in COLLEGE GROVE, 6230.
This means, real estate investors could earn a rental income of $447.5 based on current median home prices for the suburb.
The gross rental yield in COLLEGE GROVE, 6230 is 6.29%.
An average of 2.17 real estate transactions take place per month in COLLEGE GROVE which translates to 26 per annum.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $370,000 | N/A |
GROWTH REPORT | ||
Median Quarterly | 2.78% | N/A |
Median 12 month | 8.82% | N/A |
Median 3 years | 10.45% | N/A |
Median 5 years | -3.27% | N/A |
10 years average annual | 0.7% | N/A |
Weekly media advert. rent | $447.5 | N/A |
Time on Market | 54.9 days | N/A |
Gross Rental Yield Percent | 6.29% | N/A |