The South Yunderup property market recorded a median dwelling price of $800,000 during August, 7.5% higher than 12 months earlier. Seven sales were recorded, with 29 properties listed for sale.
The median selling period was 29 days. Residential land recorded a median price of $610,000, based on limited activity.
The South Yunderup rental market recorded a median rent of $600 per week, with eight properties leased and a median leasing period of 20 days.
What This Means
Buyers looking for South Yunderup real estate currently have greater choice, while sellers need to position their property against increased competition. Investors can use the $600 weekly median rent as a current benchmark for the suburb.
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