
Demand For Homes Stays High In 1 State While The Rest Fall Back
Rising interest rates have eased demand from potential buyers, which has been reflected in the slowing of home price gro...
Property investors have seen a 20% 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 $264,000
Profits averaged 25.33% per annum over a 3-year period, due to an upward trend in home prices in MORGANTOWN, 6701.
This means, real estate investors could earn a rental income of $320 based on current median home prices for the suburb.
The gross rental yield in MORGANTOWN, 6701 is 6.3%.
An average of 0.83 real estate transactions take place per month in MORGANTOWN which translates to 10 per annum.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $264,000 | N/A |
GROWTH REPORT | ||
Median Quarterly | 20% | N/A |
Median 12 month | N/A | N/A |
Median 3 years | 76% | N/A |
Median 5 years | N/A | N/A |
10 years average annual | 31.53% | N/A |
Weekly media advert. rent | $320 | N/A |
Time on Market | 0.0 days | N/A |
Gross Rental Yield Percent | 6.3% | N/A |