4 lessons from 4 commercial property deals
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Based on its average 5-year and quarterly capital gains WANDINA, 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 WANDINA, 6530 obtained a -2.59% decrease over a ten-year period. It ranks 3956th on our list of suburbs that property investors should look into.
WANDINA, 6530 in WA belongs to the local government area of Greater Geraldton (C).
WANDINA, 6530 has a capital gain of 3.97% for the past year, which is higher than average compared to its -8.22% growth within a five-year period.
With the median home price in WANDINA sitting at $379,500, and the average rent at $350, property owners could potentially earn a 4.8% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in WANDINA are high, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $379,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -1.43% | N/A |
| Median 12 month | 3.97% | N/A |
| Median 3 years | -1.43% | N/A |
| Median 5 years | -8.22% | N/A |
| 10 years average annual | -2.59% | N/A |
| Weekly media advert. rent | $350 | N/A |
| Time on Market | 81.1 days | N/A |
| Gross Rental Yield Percent | 4.8% | N/A |
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One word: commercial. ...
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