Property investors have seen a -7.37% drop in WAGIN based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains WAGIN, 6315 saw average growth 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 $176,000
Profits averaged 11.79% per annum over a 3-year period, due to an upward trend in home prices in WAGIN, 6315.
This means, real estate investors could earn a rental income of $230 based on current median home prices for the suburb.
The gross rental yield in WAGIN, 6315 is 6.8%.
An average of 2.25 real estate transactions take place per month in WAGIN which translates to 27 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.53%||N/A|
|Median 3 years||35.38%||N/A|
|Median 5 years||22.22%||N/A|
|10 years average annual||3.98%||N/A|
|Weekly media advert. rent||$230||N/A|
|Time on Market||123.2 days||N/A|
|Gross Rental Yield Percent||6.8%||N/A|