Property investors have seen a -0.47% 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 $315,500
Profits averaged -2.4% 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 6.1%.
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 Price | $315,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.47% | N/A |
| Median 12 month | 5.7% | N/A |
| Median 3 years | -7.21% | N/A |
| Median 5 years | -7.21% | N/A |
| 10 years average annual | 2.31% | N/A |
| Weekly media advert. rent | $370 | N/A |
| Time on Market | 99.4 days | N/A |
| Gross Rental Yield Percent | 6.1% | N/A |
There is a threshold for the land value...
Hi Ho Ping
Thank you for your comments....
You are perhaps one of the few comment...