Financial complaints soar as new body opens doors
The new body that fields financial complaints has fielded over 13,000 enquiries in its first month, including those relating to investment p...
SOUTH HEDLAND, 6722 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 $197,000.
SOUTH HEDLAND now ranks at the 165th place on a list of fastest growing suburbs in the territory.
Because of this real estate investors could earn a rental income of $350 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 SOUTH HEDLAND, homes and units usually stay on listing for an average of 66.0 days.
In 2016, 230 properties were sold in SOUTH HEDLAND during the past year, making it the 240th most active market in WA based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $197,000 | $80,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.25% | -8.57% |
| Median 12 month | -1.5% | 0% |
| Median 3 years | N/A | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | -5.56% | 7.55% |
| Weekly media advert. rent | $350 | $275 |
| Time on Market | 66.0 days | 67.9 days |
| Gross Rental Yield Percent | 9.24% | 17.88% |
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