Falling loan deferrals prove market recovery: REIA
The reduction in loan deferral defies doom and gloom forecasts in the property market, the Real Estate Industry of Australia has said. ...
Property investors have seen a 4.76% gain in MORGANTOWN based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MORGANTOWN, 6701 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 $110,000
This means, real estate investors could earn a rental income of $300 based on current median home prices for the suburb.
The gross rental yield in MORGANTOWN, 6701 is 14.18%.
An average of 1.42 real estate transactions take place per month in MORGANTOWN which translates to 17 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $110,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 4.76% | N/A |
| Median 12 month | N/A | N/A |
| Median 3 years | N/A | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | -1.22% | N/A |
| Weekly media advert. rent | $300 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 14.18% | N/A |
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