Spalding

POSTAL CODE: WA, 6530

HOUSE

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 9.37% growth over a ten-year period. It ranks 297th on our list of suburbs that property investors should look into.

SPALDING, 6530 in WA belongs to the local government area of Greater Geraldton.

SPALDING, 6530 has a capital gain of 31% for the past year, which is lower than average compared to its 190.32% growth within a five-year period.

With the median home price in SPALDING sitting at $450,000, and the average rent at $460, property owners could potentially earn a 5.32% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in SPALDING are low, as opposed to average gains per annum over the past five years.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$450,000	N/A
Growth Report
Median Quarterly	4.65%	N/A
Median 12 month	31%	N/A
Median 3 years	121.95%	N/A
Median 5 years	190.32%	N/A
10 years average annual	9.37%	N/A
Weekly media advert. rent	$460	N/A
Time on Market	38.4 days	N/A
Gross Rental Yield Percent	5.32%	N/A

Demographics (Median Values)*

Total Population 32455

Weekly Household Income 1320

Household Size 2.50

Average Age 38

Monthly Loan Repayment 1690

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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