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Hopetoun
AREA REPORTS

Hopetoun

Hopetoun - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6348

house

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.

Data report can be found below

Hopetoun
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
demographics (median values)*
Total Population
871
Weekly Household Income
1045
Household Size
2.10
Age
49
Monthly Loan Repayment
1300
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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