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4 MIN READ487 Markets Join Million-dollar Property Club: CoreLogic
Australia’s property million-dollar club has continued to grow, as new research shows that more than one in five homes...
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SinclairSinclair - SUBURB PROFILE REPORT
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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 $315,000.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in SINCLAIR.
An average of 2.08 real estate transactions take place per month in SINCLAIR which translates to 25 per annum.
25 properties were sold in SINCLAIR in 2016, making it the 269th most active market in WA based on total real estate transactions.
SINCLAIR, 6450 places 91st in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $315,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 5.88% | N/A |
| Median 12 month | 20% | N/A |
| Median 3 years | N/A | N/A |
| Median 5 years | 7.14% | N/A |
| 10 years average annual | 5.17% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 75.9 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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