INVESTING INSIGHTS WITH RIGHT PROPERTY GROUP: Looking back to look forward
On the resumption of the fifth season of Investing Insights with Right Property Group, Australians are being urged to ride through the ups a...
CUNDERDIN, 6407 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 $150,000.
Profits due to an downward trend in home prices in the suburb averaged -9.8% per annum over a 3-year period.
CUNDERDIN now ranks at the 165th 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 CUNDERDIN are high, as opposed to average gains per annum over the past five years.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In CUNDERDIN, homes and units usually stay on listing for an average of 130.8 days.
In 2016, 13 properties were sold in CUNDERDIN during the past year, making it the 414th most active market in WA based on total real estate transactions.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||N/A|
|Median 3 years||-29.41%||N/A|
|Median 5 years||-35.83%||N/A|
|10 years average annual||2.15%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||130.8 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|
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