Competition from FHBs not expected until late 2019
First-home buyers are expected to return to the market by the end of 2019, meaning property investors could have less-than-expected competit...
The suburb’s capital gain of 13.75% for the past year is higher than average compared to its -20.64% growth within a five-year period.
Also in KALBARRI, the median home price is sitting at $341,250, and the average rent at $270, this suggests property owners could potentially earn a 4.11% increase in gross rental yield.
Property investors have seen a 2.55% gain in KALBARRI based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on KALBARRI, 6536 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 13.75%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a -1.54% decrease over a ten-year period. It ranks 3963rd on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $341,250 | $125,000 |
| GROWTH REPORT | ||
| Median Quarterly | 2.55% | N/A |
| Median 12 month | 13.75% | -3.85% |
| Median 3 years | 10.08% | 4.17% |
| Median 5 years | -20.64% | -44.44% |
| 10 years average annual | -1.54% | -1.9% |
| Weekly media advert. rent | $270 | N/A |
| Time on Market | 134.2 days | 0.0 days |
| Gross Rental Yield Percent | 4.11% | N/A |
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