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Victory Heights

Suburb Profile

Victory Heights - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6432

house

VICTORY HEIGHTS, 6432 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 $247,500.

Profits due to an downward trend in home prices in the suburb averaged -12.18% per annum over a 3-year period.

VICTORY HEIGHTS now ranks at the 42nd place on a list of fastest growing suburbs in the territory.

Because of this real estate investors could earn a rental income of $340 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In VICTORY HEIGHTS, homes and units usually stay on listing for an average of 104.7 days.

In 2016, 17 properties were sold in VICTORY HEIGHTS during the past year, making it the 329th most active market in WA based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $247,500 N/A
GROWTH REPORT
Median Quarterly 7.61% N/A
Median 12 month -11.61% N/A
Median 3 years -36.54% N/A
Median 5 years N/A N/A
10 years average annual 10.31% N/A
Weekly media advert. rent $340 N/A
Time on Market 104.7 days N/A
Gross Rental Yield Percent 7.14% N/A
demographics (median values)
Total Population
936
Weekly Household Income
1293
Household Size
2.80
demographics
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Age group
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