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Peppermint Grove Beach

Suburb Profile

Peppermint Grove Beach - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6271

house

PEPPERMINT GROVE BEACH, 6271 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 $450,000.

Profits due to an downward trend in home prices in the suburb averaged -3.03% per annum over a 3-year period.

PEPPERMINT GROVE BEACH now ranks at the th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in PEPPERMINT GROVE BEACH are high, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $370 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In PEPPERMINT GROVE BEACH, homes and units usually stay on listing for an average of 82.2 days.

In 2016, 20 properties were sold in PEPPERMINT GROVE BEACH during the past year, making it the 299th most active market in WA based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $450,000 N/A
GROWTH REPORT
Median Quarterly 0% N/A
Median 12 month N/A N/A
Median 3 years -9.09% N/A
Median 5 years -17.43% N/A
10 years average annual 4.11% N/A
Weekly media advert. rent $370 N/A
Time on Market 82.2 days N/A
Gross Rental Yield Percent 4.28% N/A
demographics (median values)
Total Population
375
Weekly Household Income
1155
Household Size
2.30
demographics
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