Property investments in HOPETOUN fare well against the rest of the country last year, registering a median home price increase of 7.69%.
Real estate investors could earn a rental income of $290 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 0.0 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 $280,000.
HOPETOUN ranks 54th on the list of best yielding suburbs for rental properties in WA, posting a 5.39% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||7.69%||N/A|
|Median 3 years||0.9%||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||-1.74%||N/A|
|Weekly media advert. rent||$290||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||5.39%||N/A|