Piccadilly

POSTAL CODE: WA, 6430

HOUSE

Property investors have seen a 6.33% 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 $420,000

Profits averaged 6.67% per annum over a 3-year period, due to an upward trend in home prices in PICCADILLY, 6430.

This means, real estate investors could earn a rental income of $670 based on current median home prices for the suburb.

The gross rental yield in PICCADILLY, 6430 is 8.3%.

An average of 7.17 real estate transactions take place per month in PICCADILLY which translates to 86 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$420,000	N/A
Growth Report
Median Quarterly	6.33%	N/A
Median 12 month	7.97%	N/A
Median 3 years	20%	N/A
Median 5 years	54.98%	N/A
10 years average annual	2.82%	N/A
Weekly media advert. rent	$670	N/A
Time on Market	32.5 days	N/A
Gross Rental Yield Percent	8.3%	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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