High-end capital city markets lead property upswing
Amid the most recent recession in Australia, high-end capital city markets have outpaced growth in other areas, a new report has revealed. ...
Based on its average 5-year and quarterly capital gains FERRYDEN PARK, 5010 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that FERRYDEN PARK, 5010 obtained a 1.56% growth over a ten-year period. It ranks 3341st on our list of suburbs that property investors should look into.
FERRYDEN PARK, 5010 in SA belongs to the local government area of Port Adelaide Enfield (C).
FERRYDEN PARK, 5010 has a capital gain of 3.95% for the past year, which is higher than average compared to its 9.02% growth within a five-year period.
With the median home price in FERRYDEN PARK sitting at $447,000, and the average rent at $390, property owners could potentially earn a 4.54% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in FERRYDEN PARK are high, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $447,000 | $315,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.94% | N/A |
| Median 12 month | 3.95% | N/A |
| Median 3 years | 7.45% | N/A |
| Median 5 years | 9.02% | N/A |
| 10 years average annual | 1.56% | -11.93% |
| Weekly media advert. rent | $390 | $320 |
| Time on Market | 72.1 days | 0.0 days |
| Gross Rental Yield Percent | 4.54% | 5.28% |
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