Property investors have seen a -5.06% drop in PICCADILLY based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains PICCADILLY, 6430 saw average decrease 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 $300,000
Profits averaged -4.76% 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 $370 based on current median home prices for the suburb.
The gross rental yield in PICCADILLY, 6430 is 6.41%.
An average of 2.25 real estate transactions take place per month in PICCADILLY which translates to 27 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-10.31%||N/A|
|Median 3 years||-14.29%||N/A|
|Median 5 years||-7.69%||N/A|
|10 years average annual||0.82%||N/A|
|Weekly media advert. rent||$370||N/A|
|Time on Market||124.7 days||N/A|
|Gross Rental Yield Percent||6.41%||N/A|