AREA REPORTS

Binningup

Suburb Profile

Binningup - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6233

house

A steady increase in median property prices over a five-year period in the suburb translates to a -0.96% capital gain.

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 $362,500.

Profits due to an downward trend in home prices there averaged -0.32% per annum over a 3-year period.

Home owners selling their properties and realtors in BINNINGUP usually have to wait an average of 104.1 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $300 mark, reflecting a 4.3% increase in returns based on the current median price in BINNINGUP.

BINNINGUP, 6233 places 26th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $362,500 N/A
GROWTH REPORT
Median Quarterly 7.01% N/A
Median 12 month -3.07% N/A
Median 3 years -0.96% N/A
Median 5 years 4.32% N/A
10 years average annual -1.84% N/A
Weekly media advert. rent $300 N/A
Time on Market 104.1 days N/A
Gross Rental Yield Percent 4.3% N/A
demographics (median values)
Total Population
946
Weekly Household Income
1111
Household Size
2.50
demographics
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