Online shopping surge breathes new life into mundane commercial property
The online shopping surge born out of the COVID-19 pandemic has breathed new life into a considerably mundane type of commercial property, a...
Based on its average 5-year and quarterly capital gains SPALDING, 6530 saw average growth 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 -4.61% decrease over a ten-year period. It ranks 3866th 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 37.39% for the past year, which is higher than average compared to its -29.78% growth within a five-year period.
With the median home price in SPALDING sitting at $158,000, and the average rent at $217.5, property owners could potentially earn a 7.16% 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 37.39% 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 3rd.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $158,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 14.91% | N/A |
| Median 12 month | 37.39% | N/A |
| Median 3 years | 17.91% | N/A |
| Median 5 years | -29.78% | N/A |
| 10 years average annual | -4.61% | N/A |
| Weekly media advert. rent | $217.5 | N/A |
| Time on Market | 86.3 days | N/A |
| Gross Rental Yield Percent | 7.16% | N/A |
The online shopping surge born out of the COVID-19 pandemic has breathed new life into a considerably mundane type of commercial property, a...
Darwin’s rental market has emerged as the unlikely winner of 2020 following massive gains in the December quarter. ...
The total value of loan commitments for investor housing rose 6 per cent month-on-month to reach $5.6 billion in November last year, as the ...
Whether you’re a traveller or not, it’s most likely you’ve heard of Airbnb. The digital marketplace, which connects people who want to...
Having successfully shovelled millions into the local economy, the Northern Territory has extended its BuildBonus scheme to 31 March 2021, w...
Despite the headwinds of 2020, Victoria and Tasmania capped off the year with not one but two record months for home sales. ...
Get notifications in real-time for staying up to date with content that matters to you.
