AREA REPORTS

West Hindmarsh

 

 

Suburb Profile

West Hindmarsh - FREE SUBURB PROFILE REPORT
POSTAL CODE: SA,5007

house

Property investors have seen a 3.15% gain in WEST HINDMARSH based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on WEST HINDMARSH, 5007 can rest assured about this SA suburb's performance. The suburb saw median home prices rise by 21.8%.

Based on its average 5-year and quarterly capital gains WEST HINDMARSH, 5007 saw average growth in the long term.

The SA 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 $630,000

Profits averaged 10.42% per annum over a 3-year period, due to an upward trend in home prices in WEST HINDMARSH, 5007.

This means, real estate investors could earn a rental income of $425 based on current median home prices for the suburb.

The gross rental yield in WEST HINDMARSH, 5007 is 3.51%.

An average of 1.92 real estate transactions take place per month in WEST HINDMARSH which translates to 23 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $630,000 N/A
GROWTH REPORT
Median Quarterly 3.15% N/A
Median 12 month 21.8% N/A
Median 3 years 31.25% N/A
Median 5 years 49.29% N/A
10 years average annual 5.05% N/A
Weekly media advert. rent $425 N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent 3.51% N/A
demographics (median values)
Total Population
1580
Weekly Household Income
768.1
Household Size
2.20
demographics
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