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Peppermint Grove Beach
AREA REPORTS

Peppermint Grove Beach

Peppermint Grove Beach - 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.

Average median house prices in WA have risen as a whole, pulling PEPPERMINT GROVE BEACH, 6271 values up and netting property investors a capital gain of 29.83% for the past year.

Investors saw the median home price rise to $635,500.

PEPPERMINT GROVE BEACH now ranks at the 29th 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.

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 61.9 days.

In 2016, 26 properties were sold in PEPPERMINT GROVE BEACH during the past year, making it the 249th most active market in WA based on total real estate transactions.

Data report can be found below

Peppermint Grove Beach
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $635,500 N/A
GROWTH REPORT
Median Quarterly 11.49% N/A
Median 12 month 29.83% N/A
Median 3 years N/A N/A
Median 5 years 40.44% N/A
10 years average annual 7.54% N/A
Weekly media advert. rent N/A N/A
Time on Market 61.9 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
3314
Weekly Household Income
1325
Household Size
2.50
Age
41
Monthly Loan Repayment
1647
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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