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 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|