Piccadilly

POSTAL CODE: WA, 6430

HOUSE

UNIT

Property investors have seen a 4.3% 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 $412,000

Profits averaged 5.67% 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 $665 based on current median home prices for the suburb.

The gross rental yield in PICCADILLY, 6430 is 8.39%.

An average of 6.75 real estate transactions take place per month in PICCADILLY which translates to 81 per annum.

Property investments in PICCADILLY fare well against the rest of the country last year, registering a median home price increase of 46.18%.

Figures from the previous quarter show that capital gains for real estate buyers in PICCADILLY are high, as opposed to average gains per annum over the past five years.

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

This means, real estate investors could earn a rental income of $500 based on current median home prices for the suburb.

It is expected for properties to spend some time on the market prior to a successful sale. In PICCADILLY, homes and units usually stay on listing for an average of N/A.

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 $402,000

Investors saw the median home price rise to $402,000.

PICCADILLY ranks 22nd on the list of best yielding suburbs for rental properties in WA, posting a 6.47% return.

You’re out of free articles for this month

Username or Email

Password Forgot password?

Keep me signed in on this device.

First Name

Last Name

Mobile

Organisation Type

By becoming a member, I agree to receive information and promotional messages from Smart Property Investment. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

Loading form...

Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$412,000	$402,000
Growth Report
Median Quarterly	4.3%	16.52%
Median 12 month	9.43%	46.18%
Median 3 years	17.71%	87.19%
Median 5 years	58.46%	0%
10 years average annual	2.59%	19.17%
Weekly media advert. rent	$665	$500
Time on Market	32.3 days	N/A
Gross Rental Yield Percent	8.39%	6.47%

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.

Select a category

Age group

Top 10 Birth Countries

Dwelling Structures

Education

Household Income

Labour Force

Marital Status

Occupation

Religious Affiliation

Tenure Type