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BowdenBowden - SUBURB PROFILE REPORT
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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 Price | $727,000 | $476,000 |
| GROWTH REPORT | ||
| Median Quarterly | 6.81% | 3.48% |
| 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% |
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