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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 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|