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HopetounHopetoun - SUBURB PROFILE REPORT
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Property investments in HOPETOUN fare well against the rest of the country last year, registering a median home price increase of 20.9%.
Based on its average 5-year and quarterly capital gains HOPETOUN, 6348 saw average growth in the long term.
Real estate investors could earn a rental income of $300 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 82.4 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 $321,000.
HOPETOUN ranks 165th on the list of best yielding suburbs for rental properties in WA, posting a 4.86% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $321,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.31% | N/A |
| Median 12 month | 20.9% | N/A |
| Median 3 years | 52.86% | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | 2.93% | N/A |
| Weekly media advert. rent | $300 | N/A |
| Time on Market | 82.4 days | N/A |
| Gross Rental Yield Percent | 4.86% | N/A |
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