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West HindmarshWest Hindmarsh - SUBURB PROFILE REPORT
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Property investors have seen a 3.74% gain in WEST HINDMARSH based on an increase 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 $555,000
Profits averaged 2.89% 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 $380 based on current median home prices for the suburb.
The gross rental yield in WEST HINDMARSH, 5007 is 3.56%.
An average of 1.92 real estate transactions take place per month in WEST HINDMARSH which translates to 23 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $555,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 3.74% | N/A |
| Median 12 month | 4.72% | N/A |
| Median 3 years | 8.66% | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | 1.59% | N/A |
| Weekly media advert. rent | $380 | N/A |
| Time on Market | 91.0 days | N/A |
| Gross Rental Yield Percent | 3.56% | N/A |
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