Hannans

Homeowners and real estate investors betting on HANNANS, 6430 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 20.41%.

A steady increase in median property prices over a five-year period in the suburb translates to a 43.9% capital gain.

Property investors in HANNANS enjoyed capital gains of 20.41% over the last 12 months translating to higher returns compared with its peers in the territory.

The 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 $590,000.

Profits due to an upward trend in home prices there averaged 14.63% per annum over a 3-year period.

Home owners selling their properties and realtors in HANNANS usually have to wait an average of 23.6 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $825 mark, reflecting a 7.27% increase in returns based on the current median price in HANNANS.

HANNANS, 6430 places 74th in Australia based on median property value growth during the quarter.