Villas, townhouses, units, apartments: which is the best investment in Perth?
The unit market in Perth offers a diverse range of benefits and downsides for investors, with some property types delivering higher rental yields while others offer superior amenities and features.
For investors looking for rent price growth and yield, units as a collective group of property types generally outperform houses.
Year to March 2024 | Year to March 2023 | Year to March 2019 | ||||
---|---|---|---|---|---|---|
Property type | Houses | Units | Houses | Units | Houses | Units |
Median sale price | $625,000 | $425,000 | $550,000 | $400,000 | $497,000 | $393,000 |
Median rent price | $600 | $550 | $520 | $450 | $360 | $325 |
Yield | 5.0% | 6.7% | 4.9% | 5.9% | 3.8% | 4.3… |