‘Wealth taxes’ in property prompt lobbying for new minister
A minister for property who cracks down on excessive and cumbersome “wealth” taxes should be considered by the federal government, acco...
Property investors have seen a -11.73% drop in WUNDOWIE based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains WUNDOWIE, 6560 saw average decrease in the long term.
The WA suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $197,500
This means, real estate investors could earn a rental income of $270 based on current median home prices for the suburb.
The gross rental yield in WUNDOWIE, 6560 is 7.11%.
An average of 1.67 real estate transactions take place per month in WUNDOWIE which translates to 20 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $197,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -11.73% | N/A |
| Median 12 month | -18.97% | N/A |
| Median 3 years | N/A | N/A |
| Median 5 years | -21% | N/A |
| 10 years average annual | 0.97% | N/A |
| Weekly media advert. rent | $270 | N/A |
| Time on Market | 121.3 days | N/A |
| Gross Rental Yield Percent | 7.11% | N/A |
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