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Bindoon

Suburb Profile

Bindoon - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6502

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BINDOON, 6502 ranks 717th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 14.38% for property investors.

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 $457,500.

The upward trend in home prices in BINDOON, 6502 averaged 2.98% per annum over a 3-year period.

Average weekly rents on listings have reached the $360 mark, reflecting a 4.09% increase in returns based on the current median price in BINDOON.

An average of 1.67 real estate transactions take place per month in BINDOON which translates to 20 per annum.

20 properties were sold in BINDOON in 2016, making it the 288th most active market in WA based on total real estate transactions.

BINDOON, 6502 places 29th 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 $457,500 N/A
GROWTH REPORT
Median Quarterly 13.66% N/A
Median 12 month 14.38% N/A
Median 3 years 8.93% N/A
Median 5 years 3.98% N/A
10 years average annual 3.18% N/A
Weekly media advert. rent $360 N/A
Time on Market 165.2 days N/A
Gross Rental Yield Percent 4.09% N/A
demographics (median values)
Total Population
740
Weekly Household Income
862.8
Household Size
2.60
demographics
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