Investor lull could ‘sow seeds’ of housing ‘upswing’
The Reserve Bank has touted the possibility of an investor-driven resurgence in the residential property market. ...
Property investors have seen a 10.05% gain in WUNDOWIE based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on WUNDOWIE, 6560 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 17.95%.
Based on its average 5-year and quarterly capital gains WUNDOWIE, 6560 saw average growth 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 $230,000
Profits averaged -15.71% per annum over a 3-year period, due to an downward trend in home prices in WUNDOWIE, 6560.
This means, real estate investors could earn a rental income of $250 based on current median home prices for the suburb.
The gross rental yield in WUNDOWIE, 6560 is 5.65%.
An average of 1.25 real estate transactions take place per month in WUNDOWIE which translates to 15 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||17.95%||N/A|
|Median 3 years||-47.13%||N/A|
|Median 5 years||-21.37%||N/A|
|10 years average annual||0.22%||N/A|
|Weekly media advert. rent||$250||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||5.65%||N/A|
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