WA/
Margaret river

Suburb Profile

Margaret River - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6285

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unit

Property investments in MARGARET RIVER did not fare well against the rest of the country last year, registering a median home price decrease of 12.13%.

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

Based on its average 5-year and quarterly capital gains MARGARET RIVER, 6285 saw average growth in the long term.

Real estate investors could earn a rental income of $405 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 112.5 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 $527,000.

MARGARET RIVER ranks 225th on the list of best yielding suburbs for rental properties in WA, posting a 4% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $527,000 $300,000
GROWTH REPORT
Median Quarterly 6.46% 2.39%
Median 12 month 12.13% -15.49%
Median 3 years 14.07% -0.83%
Median 5 years 29.8% -6.54%
10 years average annual 1.88% -1.84%
Weekly media advert. rent $405 $315
Time on Market 112.5 days 0.0 days
Gross Rental Yield Percent 4% 5.46%
demographics (median values)
Total Population
5584
Weekly Household Income
1007
Household Size
2.60
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Margaret River, WA
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