Property investors have seen a -8.23% drop in WEST HINDMARSH based on a decrease in median home prices for the past three months.
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 $501,500
Profits averaged 3.13% 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 $395 based on current median home prices for the suburb.
The gross rental yield in WEST HINDMARSH, 5007 is 4.1%.
An average of 1.33 real estate transactions take place per month in WEST HINDMARSH which translates to 16 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-2.62%||N/A|
|Median 3 years||9.38%||N/A|
|Median 5 years||20.12%||N/A|
|10 years average annual||4.25%||N/A|
|Weekly media advert. rent||$395||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||4.1%||N/A|