Why these suburbs are faring better than others as prices fall
New data points to which suburbs with the largest average land sizes in each capital city are bucking against general property market trends...
Property investments in MOORA fare well against the rest of the country last year, registering a median home price increase of 12.12%.
Figures from the previous quarter show that capital gains for real estate buyers in the territory are high, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains MOORA, 6510 saw average growth in the long term.
Real estate investors could earn a rental income of $250 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 83.3 days.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $185,000.
MOORA ranks 19th on the list of best yielding suburbs for rental properties in WA, posting a 7.03% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $185,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | 12.12% | N/A |
| Median 3 years | -11.9% | N/A |
| Median 5 years | -2.63% | N/A |
| 10 years average annual | 3.43% | N/A |
| Weekly media advert. rent | $250 | N/A |
| Time on Market | 83.3 days | N/A |
| Gross Rental Yield Percent | 7.03% | N/A |
New data points to which suburbs with the largest average land sizes in each capital city are bucking against general property market trends...
Multiple industry body heads have accepted SQM’s updated modelling of what the property market could look like under Labor’s proposed ne...
Analysis of recent ABS data has shown that the decline in overseas migration eased over the recent quarter, which is important for property....
There is a significant amount of tax dollars that have gone missing through the Airbnb gig economy, as hosts are failing to report side inco...
With a number of major property markets currently at a softening phase, experts encourage investors to reassess their strategies in order to...
An updated modelling of the Labor government’s proposed changes to negative gearing has found that yields are likely to go up while prices...