AREA REPORTS

Port Hedland

 

 

WA/
Port hedland

Suburb Profile

Port Hedland - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6721

house
unit

The 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 $360,000.

Profits due to an downward trend in home prices there averaged -13.3% per annum over a 3-year period.

Home owners selling their properties and realtors in PORT HEDLAND usually have to wait an average of 71.6 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $600 mark, reflecting a 8.67% increase in returns based on the current median price in PORT HEDLAND.

PORT HEDLAND, 6721 places 231st in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $360,000 $215,000
GROWTH REPORT
Median Quarterly -1.37% -8.51%
Median 12 month -5.88% -14%
Median 3 years -39.9% N/A
Median 5 years -65.71% N/A
10 years average annual -5.91% 10.64%
Weekly media advert. rent $600 $375
Time on Market 71.6 days 80.9 days
Gross Rental Yield Percent 8.67% 9.07%
demographics (median values)
Total Population
3186
Weekly Household Income
2140
Household Size
2.50
demographics
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