Property investors have seen a -8.34% 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 $472,500
Profits averaged 6.04% per annum over a 3-year period, due to an upward 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 4.07%.
An average of 3.58 real estate transactions take place per month in ALBERTON which translates to 43 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||4.77%||N/A|
|Median 3 years||18.13%||N/A|
|Median 5 years||43.18%||N/A|
|10 years average annual||5.1%||N/A|
|Weekly media advert. rent||$370||N/A|
|Time on Market||81.8 days||N/A|
|Gross Rental Yield Percent||4.07%||N/A|