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Based on its average 5-year and quarterly capital gains SPALDING, 6530 saw average decrease in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that SPALDING, 6530 obtained a -4.86% decrease over a ten-year period. It ranks 3976th on our list of suburbs that property investors should look into.
SPALDING, 6530 in WA belongs to the local government area of Greater Geraldton (C).
SPALDING, 6530 has a capital gain of 26.21% for the past year, which is higher than average compared to its -31.21% growth within a five-year period.
With the median home price in SPALDING sitting at $156,500, and the average rent at $220, property owners could potentially earn a 7.31% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in SPALDING are high, as opposed to average gains per annum over the past five years.
A 26.21% increase in median property prices in SPALDING, 6530 has allowed this suburb to join the ranks of best performing suburbs in WA, settling at number 18th.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||26.21%||N/A|
|Median 3 years||20.38%||N/A|
|Median 5 years||-31.21%||N/A|
|10 years average annual||-4.86%||N/A|
|Weekly media advert. rent||$220||N/A|
|Time on Market||83.9 days||N/A|
|Gross Rental Yield Percent||7.31%||N/A|