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. ...
Subscribe to our newsletter
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 $400,000.
The downward trend in home prices in BINDOON, 6502 averaged -2.11% per annum over a 3-year period.
Average weekly rents on listings have reached the $370 mark, reflecting a 4.81% increase in returns based on the current median price in BINDOON.
An average of 1.17 real estate transactions take place per month in BINDOON which translates to 14 per annum.
14 properties were sold in BINDOON in 2016, making it the 363rd most active market in WA based on total real estate transactions.
BINDOON, 6502 places th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $400,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | 2.56% | N/A |
| Median 3 years | -6.32% | N/A |
| Median 5 years | -18.37% | N/A |
| 10 years average annual | -1.95% | N/A |
| Weekly media advert. rent | $370 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 4.81% | N/A |
A new COVID-19 Code of Conduct compendium aims to offer clarity to SME landlords and tenants experiencing financial hardship. ...
Buyers have been warned that waiting for an impending market drop over the next three months could leave them disappointed. ...
Industry experts have applauded the announcement of a “tradie rescue package” but do not believe that the government’s plan goes far e...
A new commercial lease code of conduct will help Western Australia’s commercial tenants and landlords reach rental agreements during the p...
As Australia and most parts of the world settle into a “new normal” following the onset of the COVID-19 pandemic, will the Perth propert...
The Reserve Bank of Australia (RBA) has announced its decision on the official cash rate for June amid speculation the central bank will hol...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
