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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 $569,000 and this has changed 42.25% over the past year and changed 49.93% over 2 years.

The median rent in Midland for houses is $550 per week and the median rental yield is 5.02%. Stock on the market for houses/townhouses has changed 13.04% compared to last year and the average time to sell a house/townhouse is 70 days.The median listing price for units is $410,000 and this has changed 24.62% over the past year. The average unit takes 48 days to sell and the median rent for a unit in Midland is $500 per week, producing a rental yield of 6.34%.

Supply & Demand in Midland, Swan

1.48%

Current vacancy rate


58

Rental stock available


5,967

Population


45.00%

Rental population


0.58%

Current vacancy rate


374

Rental stock available


133,849

Population


19.41%

Rental population


0.63%

Current vacancy rate


7,731

Rental stock available


2,474,414

Population


23.98%

Rental population


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Statistical data for Midland, Swan

  House Townhouses Units
Median listing price $569,000 $498,500 $410,000
Median price change - last quarter 10.02% 8.65% 0.87%
Median price change - 1 year 42.25% 28.14% 24.62%
Median price change - 2 years 49.93% 47.05% 37.12%
  House Townhouses Units
Median weekly rent $550 $550 $500
Median yield % 5.02% 5.73% 6.34%
Median rent change - 1 year 15.78% 10.00% 11.11%
  House Units
Previous month sales 13 4
Stock on market previous month 78 26
Stock variance vs. last year 13.04% -16.13%
Average days on market 70 48

Midland investment property listings

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