Perth’s luxury property growth ranked highest in Australia
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Property investors have seen a -5.99% drop in ABBEY based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains ABBEY, 6280 saw average decrease in the long term.
The WA 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 $510,000
Profits averaged -3.77% per annum over a 3-year period, due to an downward trend in home prices in ABBEY, 6280.
This means, real estate investors could earn a rental income of $415 based on current median home prices for the suburb.
The gross rental yield in ABBEY, 6280 is 4.23%.
An average of 2.92 real estate transactions take place per month in ABBEY which translates to 35 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $510,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -5.99% | N/A |
| Median 12 month | -5.56% | N/A |
| Median 3 years | -11.3% | N/A |
| Median 5 years | -13.38% | N/A |
| 10 years average annual | 0.53% | N/A |
| Weekly media advert. rent | $415 | N/A |
| Time on Market | 106.1 days | N/A |
| Gross Rental Yield Percent | 4.23% | N/A |
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