Abbey

POSTAL CODE: WA, 6280

HOUSE

Property investors have seen a 14.71% gain in ABBEY based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on ABBEY, 6280 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 30.45%.

Based on its average 5-year and quarterly capital gains ABBEY, 6280 saw average growth in the long term.

The WA suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,435,000

Profits averaged 35% per annum over a 3-year period, due to an upward trend in home prices in ABBEY, 6280.

This means, real estate investors could earn a rental income of $795 based on current median home prices for the suburb.

The gross rental yield in ABBEY, 6280 is 2.88%.

An average of 2 real estate transactions take place per month in ABBEY which translates to 24 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,435,000	N/A
Growth Report
Median Quarterly	14.71%	N/A
Median 12 month	30.45%	N/A
Median 3 years	105%	N/A
Median 5 years	162.1%	N/A
10 years average annual	11.69%	N/A
Weekly media advert. rent	$795	N/A
Time on Market	28.8 days	N/A
Gross Rental Yield Percent	2.88%	N/A

Demographics (Median Values)*

Total Population 28166

Weekly Household Income 1220

Household Size 2.50

Average Age 43

Monthly Loan Repayment 1800

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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