South Perth snapshot
- Median price: $1,609,148
- Median weekly rent: $985/wk
- Population: 17,226
- Days on market: 32 days
How South Perth stacks up
- Rental Yield: Moderate
- Capital Growth: Moderate
- Vacancy: High
About South Perth
South Perth presents an intriguing opportunity for property investors, boasting a median price of over $1.6 million. With a population of over 17,000, this suburb is well-established and offers a vibrant community atmosphere. The typical days on the market for properties here is around 32, indicating a relatively steady demand for housing.
The suburb's capital growth is moderate, suggesting that while growth may not be explosive, it is consistent and reliable. Additionally, rental yields are also in the moderate band, which could appeal to investors looking for a balance between capital growth and rental income. However, it's important to note that the rental vacancy rate is high, which may influence investment decisions regarding rental properties in the area.
Frequently asked questions
What is the median property price in South Perth?
The median property price in South Perth is $1,609,148.
How much can I expect to rent a property for in South Perth?
The median weekly rent in South Perth is $985.
What is the population of South Perth?
South Perth has a population of 17,226.
How long do properties typically stay on the market in South Perth?
Properties in South Perth typically stay on the market for around 32 days.
What is the capital growth outlook for South Perth?
The capital growth in South Perth is considered to be moderate.