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Property investors have seen a -4.37% drop in ALBERTON based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains ALBERTON, 5014 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 $437,500
Profits averaged -2.17% per annum over a 3-year period, due to an downward trend in home prices in ALBERTON, 5014.
This means, real estate investors could earn a rental income of $370 based on current median home prices for the suburb.
The gross rental yield in ALBERTON, 5014 is 4.4%.
An average of 1.83 real estate transactions take place per month in ALBERTON which translates to 22 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-22.57%||N/A|
|Median 3 years||-6.52%||N/A|
|Median 5 years||18.24%||N/A|
|10 years average annual||1.62%||N/A|
|Weekly media advert. rent||$370||N/A|
|Time on Market||77.0 days||N/A|
|Gross Rental Yield Percent||4.4%||N/A|