PEGS CREEK, 6714 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 $250,000.
PEGS CREEK now ranks at the 89th place on a list of fastest growing suburbs in the territory.
Because of this real estate investors could earn a rental income of $380 based on current median home prices.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In PEGS CREEK, homes and units usually stay on listing for an average of 75.3 days.
In 2016, 42 properties were sold in PEGS CREEK during the past year, making it the 157th most active market in WA based on total real estate transactions.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-3.85%||N/A|
|Median 3 years||N/A||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||-7.18%||N/A|
|Weekly media advert. rent||$380||$252.5|
|Time on Market||75.3 days||0.0 days|
|Gross Rental Yield Percent||7.9%||6.48%|