Property investments in DRUMMOND COVE did not fare well against the rest of the country last year, registering a median home price decrease of -4.46%.
Based on its average 5-year and quarterly capital gains DRUMMOND COVE, 6532 saw average growth in the long term.
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 118.3 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 $375,000.
DRUMMOND COVE ranks 411th on the list of best yielding suburbs for rental properties in WA, posting a 0% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-4.46%||N/A|
|Median 3 years||N/A||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||-4.46%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||118.3 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|