Broadwood

POSTAL CODE: WA, 6430

HOUSE

Property investors have seen a 6.06% gain in BROADWOOD based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on BROADWOOD, 6430 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 15.4%.

Based on its average 5-year and quarterly capital gains BROADWOOD, 6430 saw average growth in the long term.

The WA suburb also 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 $753,000

Profits averaged 7% per annum over a 3-year period, due to an upward trend in home prices in BROADWOOD, 6430.

This means, real estate investors could earn a rental income of N/A based on current median home prices for the suburb.

The gross rental yield in BROADWOOD, 6430 is N/A.

An average of 1.17 real estate transactions take place per month in BROADWOOD which translates to 14 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$753,000	N/A
Growth Report
Median Quarterly	6.06%	N/A
Median 12 month	15.4%	N/A
Median 3 years	21.94%	N/A
Median 5 years	29.83%	N/A
10 years average annual	5.5%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	43 days	N/A
Gross Rental Yield Percent	0%	N/A

Demographics (Median Values)*

Total Population 22746

Weekly Household Income 2186

Household Size 2.70

Average Age 32

Monthly Loan Repayment 1950

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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