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Investment Property Midland, WA, 6056

Suburb Snapshot

Midland is a suburb in the Swan Region of Western Australia. Midland has a population of 5,967 people and 45.00% of its occupants live in rental accommodation. The median listing price for houses is $549,000 and this has changed 37.59% over the past year and changed 41.86% over 2 years.

The median rent in Midland for houses is $550 per week and the median rental yield is 5.20%. Stock on the market for houses/townhouses has changed 23.53% compared to last year and the average time to sell a house/townhouse is 64 days.The median listing price for units is $402,500 and this has changed 23.84% over the past year. The average unit takes 49 days to sell and the median rent for a unit in Midland is $500 per week, producing a rental yield of 6.45%.

Supply & Demand in Midland, Swan

1.38%

Current vacancy rate


54

Rental stock available


5,967

Population


45.00%

Rental population


0.61%

Current vacancy rate


394

Rental stock available


133,849

Population


19.41%

Rental population


0.61%

Current vacancy rate


7,509

Rental stock available


2,474,414

Population


23.98%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Midland, Swan

  House Townhouses Units
Median listing price $549,000 $477,000 $402,500
Median price change - last quarter 10.02% 8.65% 0.87%
Median price change - 1 year 37.59% 22.62% 23.84%
Median price change - 2 years 41.86% 49.06% 37.60%
  House Townhouses Units
Median weekly rent $550 $550 $500
Median yield % 5.20% 5.99% 6.45%
Median rent change - 1 year 22.22% 10.00% 11.11%
  House Units
Previous month sales 13 2
Stock on market previous month 84 21
Stock variance vs. last year 23.53% -32.26%
Average days on market 64 49

Midland investment property listings

Showing 2 of 2 investment properties found in Midland on realestateinvestar.com.au

Lots 1-10/16 Frederic St, Midland

$389,000

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First home buyers special

With the state government just announcing a increase to the stamp duty for first home buyers to $500,000 and the ability to receive the first home buyers grant makes these brand new apartments a very tidy proposition . 1 bedroom apartment from 389k SOLD . 2 bedroom apartments from 459k - 4 SOLD . ...

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Unit

WA 6056


3/23 John St, Midland

$600,000

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BRAND NEW EXECUTIVE UNIT Nr. 3

Modern Luxury Meets Convenience! UNIT 3 Priced from $639,000 NO STRATA FEES APPLICABLE Seize this brilliant opportunity to secure your brand new home. An exciting opportunity awaits with these brand-new properties in the fast-growing suburb of Midland. Perfect for families, professionals, or ...

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Townhouse

WA 6056


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