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Castletown

Suburb Profile

Castletown - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6450

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Homeowners and real estate investors betting on CASTLETOWN, 6450 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 15.2%.

Property investors in CASTLETOWN enjoyed capital gains of 15.2% over the last 12 months translating to lower returns compared with its peers in the territory.

The 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 $360,000.

Profits due to an downward trend in home prices there averaged -1.42% per annum over a 3-year period.

Home owners selling their properties and realtors in CASTLETOWN usually have to wait an average of 131.8 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $335 mark, reflecting a 4.84% increase in returns based on the current median price in CASTLETOWN.

CASTLETOWN, 6450 places 59th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $360,000 N/A
GROWTH REPORT
Median Quarterly 9.76% N/A
Median 12 month 15.2% N/A
Median 3 years -4.26% N/A
Median 5 years -4% N/A
10 years average annual -0.38% N/A
Weekly media advert. rent $335 N/A
Time on Market 131.8 days N/A
Gross Rental Yield Percent 4.84% N/A
demographics (median values)
Total Population
3111
Weekly Household Income
979.7
Household Size
2.60
demographics
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