Australia’s most popular rental suburbs revealed
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Property investors enjoyed capital gains of 24.79% over the last 12 months in DENHAM, translating to lower returns compared with its peers in WA.
Figures from the previous quarter show that capital gains for real estate buyers in DENHAM are high, as opposed to average gains per annum over the past five years.
The suburb posted a 25.86% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
On average, rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in DENHAM.
DENHAM, 6537 ranks 20th in WA in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 426th on the list of best yielding suburbs for rental properties in WA, posting a 0% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $365,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 20.66% | N/A |
| Median 12 month | 24.79% | N/A |
| Median 3 years | 25.86% | N/A |
| Median 5 years | 78.05% | N/A |
| 10 years average annual | 3.26% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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