Housing costs drop to 10-year low
Home owners and renters are spending the lowest proportion of their income on housing in more than a decade, according to new research. ...
A steady increase in median property prices over a five-year period in the suburb translates to a N/A capital gain.
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 $547,500
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $425.
Home owners selling their properties and realtors in BOWDEN usually have to wait an average of 0.0 days days before their assets are lifted off the market.
The SA suburb ranks 262nd on the list of best yielding suburbs for rental properties in SA, posting a 4.04% return.
It also places places 340th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $547,500 | $435,000 |
| GROWTH REPORT | ||
| Median Quarterly | -3.1% | -0.23% |
| Median 12 month | N/A | 0.46% |
| Median 3 years | N/A | 3.57% |
| Median 5 years | 65.78% | 8.65% |
| 10 years average annual | 37.02% | 1.68% |
| Weekly media advert. rent | $425 | $400 |
| Time on Market | 0.0 days | 94.4 days |
| Gross Rental Yield Percent | 4.04% | 4.78% |
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