REDBANK PLAINS 
1 MIN READDemand 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...
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MorgantownMorgantown - SUBURB PROFILE REPORT
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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 |
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