REIA backs HomeBuilder package
The Real Estate Institute of Australia has thrown its support behind the federal government’s new housing stimulus package. ...
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Property investors have seen a 0% gain in PICCADILLY based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains PICCADILLY, 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 $299,000
Profits averaged -1.89% per annum over a 3-year period, due to an downward trend in home prices in PICCADILLY, 6430.
This means, real estate investors could earn a rental income of $355 based on current median home prices for the suburb.
The gross rental yield in PICCADILLY, 6430 is 6.17%.
An average of 2.92 real estate transactions take place per month in PICCADILLY which translates to 35 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $299,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | -0.33% | N/A |
| Median 3 years | -5.68% | N/A |
| Median 5 years | -15.77% | N/A |
| 10 years average annual | -0.57% | N/A |
| Weekly media advert. rent | $355 | N/A |
| Time on Market | 104.0 days | N/A |
| Gross Rental Yield Percent | 6.17% | N/A |
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