Broadwater

POSTAL CODE: WA, 6280

HOUSE

UNIT

Property investments in BROADWATER did not fare well against the rest of the country last year, registering a median home price decrease of 24.58%.

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

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

Real estate investors could earn a rental income of $785 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 28 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $1,006,000.

BROADWATER ranks 260th on the list of best yielding suburbs for rental properties in WA, posting a 4.06% return.

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

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Profits due to an downward trend in home prices in BROADWATER, 6280 averaged -11.3% per annum over a 3-year period.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in BROADWATER.

An average of 3.17 real estate transactions take place per month in BROADWATER which translates to 38 per annum.

38 properties were sold in BROADWATER during the past year, making it the 52nd most active market in WA based on total real estate transactions.

BROADWATER, 6280 places 152nd in Australia based on median property value growth during the quarter.

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