Abbey

POSTAL CODE: WA, 6280

HOUSE

Property investors have seen a 1.38% gain in ABBEY based on an increase in median home prices for the past three months.

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 $1,470,000

Profits averaged 34% 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 2.81%.

An average of 1.75 real estate transactions take place per month in ABBEY which translates to 21 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,470,000	N/A
Growth Report
Median Quarterly	1.38%	N/A
Median 12 month	0%	N/A
Median 3 years	102.76%	N/A
Median 5 years	188.24%	N/A
10 years average annual	12.18%	N/A
Weekly media advert. rent	$795	N/A
Time on Market	33.2 days	N/A
Gross Rental Yield Percent	2.81%	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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