Property Market Update: Perth, May 2022
Perth continued to outperform its bigger capital counterparts in May, as the city closed up the autumn season with a sol...
Based on its average 5-year and quarterly capital gains BAYONET HEAD, 6330 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that BAYONET HEAD, 6330 obtained a 2.89% growth over a ten-year period. It ranks 3200th on our list of suburbs that property investors should look into.
BAYONET HEAD, 6330 in WA belongs to the local government area of Albany (C).
BAYONET HEAD, 6330 has a capital gain of 14.64% for the past year, which is higher than average compared to its 13.9% growth within a five-year period.
With the median home price in BAYONET HEAD sitting at $438,500, and the average rent at $430, property owners could potentially earn a 5.1% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BAYONET HEAD are low, as opposed to average gains per annum over the past five years.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||14.64%||N/A|
|Median 3 years||5.66%||N/A|
|Median 5 years||13.9%||N/A|
|10 years average annual||2.89%||N/A|
|Weekly media advert. rent||$430||N/A|
|Time on Market||47.6 days||N/A|
|Gross Rental Yield Percent||5.1%||N/A|