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Waggrakine
AREA REPORTS

Waggrakine

Waggrakine - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6530

house

Property investments in WAGGRAKINE fare well against the rest of the country last year, registering a median home price increase of 26%.

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

Based on its average 5-year and quarterly capital gains WAGGRAKINE, 6530 saw average decrease in the long term.

Real estate investors could earn a rental income of $300 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 129.6 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 $315,000.

WAGGRAKINE ranks 133rd on the list of best yielding suburbs for rental properties in WA, posting a 4.95% return.

Data report can be found below

Waggrakine
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $315,000 N/A
GROWTH REPORT
Median Quarterly -4.11% N/A
Median 12 month 26% N/A
Median 3 years 1.61% N/A
Median 5 years -3.08% N/A
10 years average annual -1.4% N/A
Weekly media advert. rent $300 N/A
Time on Market 129.6 days N/A
Gross Rental Yield Percent 4.95% N/A
demographics (median values)*
Total Population
32455
Weekly Household Income
1320
Household Size
2.50
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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