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AREA REPORTS

Mira Mar

Suburb Profile

Mira Mar - FREE SUBURB PROFILE REPORT

POSTAL CODE: WA,6330

house

MIRA MAR, 6330 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 $415,000.

Profits due to an upward trend in home prices in the suburb averaged 0.41% per annum over a 3-year period.

MIRA MAR now ranks at the 47th place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $355 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In MIRA MAR, homes and units usually stay on listing for an average of 106.2 days.

In 2016, 39 properties were sold in MIRA MAR during the past year, making it the 162nd most active market in WA based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT	HOUSE	UNIT
Median Price	$415,000	N/A
GROWTH REPORT
Median Quarterly	4.08%	N/A
Median 12 month	9.07%	N/A
Median 3 years	1.22%	N/A
Median 5 years	20.29%	N/A
10 years average annual	-0.74%	N/A
Weekly media advert. rent	$355	N/A
Time on Market	106.2 days	N/A
Gross Rental Yield Percent	4.45%	N/A

demographics (median values)

Total Population

1686

Weekly Household Income

752.3

Household Size

2.30

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