AREA REPORTS

Wongan Hills

Suburb Profile

Wongan Hills - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6603

house

Based on its average 5-year and quarterly capital gains WONGAN HILLS, 6603 saw average decrease in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that WONGAN HILLS, 6603 obtained a 5.79% growth over a ten-year period. It ranks 1351st on our list of suburbs that property investors should look into.

WONGAN HILLS, 6603 in WA belongs to the local government area of Wongan-Ballidu.

WONGAN HILLS, 6603 has a capital gain of 24.36% for the past year, which is higher than average compared to its -14.5% growth within a five-year period.

With the median home price in WONGAN HILLS sitting at $171,000, and the average rent at $250, property owners could potentially earn a 7.6% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in WONGAN HILLS are low, as opposed to average gains per annum over the past five years.

A 24.36% increase in median property prices in WONGAN HILLS, 6603 has allowed this suburb to join the ranks of best performing suburbs in WA, settling at number 6th.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $171,000 N/A
GROWTH REPORT
Median Quarterly -32.94% N/A
Median 12 month 24.36% N/A
Median 3 years 3.01% N/A
Median 5 years -14.5% N/A
10 years average annual 5.79% N/A
Weekly media advert. rent $250 N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent 7.6% N/A
demographics (median values)
Total Population
1060
Weekly Household Income
930.6
Household Size
2.40
demographics
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