Clarity sought for commercial landlords and SME tenants
A new COVID-19 Code of Conduct compendium aims to offer clarity to SME landlords and tenants experiencing financial hardship. ...
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Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
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 $290,000.
The upward trend in home prices in SINCLAIR, 6450 averaged 1.25% per annum over a 3-year period.
Average weekly rents on listings have reached the $320 mark, reflecting a 5.74% increase in returns based on the current median price in SINCLAIR.
An average of 1.58 real estate transactions take place per month in SINCLAIR which translates to 19 per annum.
19 properties were sold in SINCLAIR in 2016, making it the 295th most active market in WA based on total real estate transactions.
SINCLAIR, 6450 places 24th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $290,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 7.41% | N/A |
| Median 12 month | N/A | N/A |
| Median 3 years | 3.76% | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | 0.16% | N/A |
| Weekly media advert. rent | $320 | N/A |
| Time on Market | 165.2 days | N/A |
| Gross Rental Yield Percent | 5.74% | N/A |
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