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 Price | $176,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -7.37% | N/A |
| 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 |
There is a threshold for the land value...
Hi Ho Ping
Thank you for your comments....
You are perhaps one of the few comment...