SA property sales increase in September
South Australia’s property market continues to climb in September, with residential property sales up 27.5 per cent from the same time las...
Property investors have seen a 2.64% gain in SOUTHSIDE based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains SOUTHSIDE, 4570 saw average growth in the long term.
The QLD suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $339,995
Profits averaged 1.54% per annum over a 3-year period, due to an upward trend in home prices in SOUTHSIDE, 4570.
This means, real estate investors could earn a rental income of $337.5 based on current median home prices for the suburb.
The gross rental yield in SOUTHSIDE, 4570 is 5.16%.
An average of 11.5 real estate transactions take place per month in SOUTHSIDE which translates to 138 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $339,995 | $245,000 |
| GROWTH REPORT | ||
| Median Quarterly | 2.64% | -2.97% |
| Median 12 month | 0.59% | N/A |
| Median 3 years | 4.61% | 25.64% |
| Median 5 years | 5.42% | 6.18% |
| 10 years average annual | -0.01% | 9.49% |
| Weekly media advert. rent | $337.5 | $255 |
| Time on Market | 61.7 days | 0.0 days |
| Gross Rental Yield Percent | 5.16% | 5.41% |
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