College Grove

POSTAL CODE: WA, 6230

HOUSE

Property investors have seen a 7.51% gain in COLLEGE GROVE based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on COLLEGE GROVE, 6230 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 12.08%.

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 $672,500

Profits averaged 22.67% 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 $650 based on current median home prices for the suburb.

The gross rental yield in COLLEGE GROVE, 6230 is 5.03%.

An average of 3.17 real estate transactions take place per month in COLLEGE GROVE which translates to 38 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$672,500	N/A
Growth Report
Median Quarterly	7.51%	N/A
Median 12 month	12.08%	N/A
Median 3 years	68.13%	N/A
Median 5 years	96.35%	N/A
10 years average annual	7.67%	N/A
Weekly media advert. rent	$650	N/A
Time on Market	56.2 days	N/A
Gross Rental Yield Percent	5.03%	N/A

Demographics (Median Values)*

Total Population 43134

Weekly Household Income 1326

Household Size 2.40

Average Age 39

Monthly Loan Repayment 1733

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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