The Boom Is Not Over Yet: 10 Regions Positioned For Further Growth
While housing values in Sydney and Melbourne are declining, an expert has highlighted that there are markets across the ...
A 31.7% increase in median property prices in BOWDEN, 5007 has allowed this suburb to join the ranks of best performing suburbs in SA, settling at number 80th.
It 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 $727,000
The augmented property values in the suburb are trailing above the territorial average of 17.92% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $512.5.
Home owners selling their properties and realtors in BOWDEN usually have to wait an average of 0 days days before their assets are lifted off the market.
The SA suburb ranks 188th on the list of best yielding suburbs for rental properties in SA, posting a 3.67% return.
It also places places 176th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||31.7%||1.28%|
|Median 3 years||N/A||6.61%|
|Median 5 years||N/A||12%|
|10 years average annual||12.39%||2.55%|
|Weekly media advert. rent||$512.5||$430|
|Time on Market||N/A||61.7 days|
|Gross Rental Yield Percent||3.67%||4.7%|