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Gelorup

POSTAL CODE: WA, 6230
HOUSE

Homeowners and real estate investors betting on GELORUP, 6230 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 11.11%.

A steady increase in median property prices over a five-year period in the suburb translates to a 50.94% capital gain.

Property investors in GELORUP enjoyed capital gains of 11.11% over the last 12 months translating to lower returns compared with its peers in the territory.

The 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 $1,000,000.

Profits due to an upward trend in home prices there averaged 16.98% per annum over a 3-year period.

Home owners selling their properties and realtors in GELORUP usually have to wait an average of 35.3 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in GELORUP.

GELORUP, 6230 places 438th in Australia based on median property value growth during the quarter.

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