Property investors have seen a 3.1% gain in ALBERTON based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on ALBERTON, 5014 can rest assured about this SA suburb's performance. The suburb saw median home prices rise by 15.84%.
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 $515,500
Profits averaged 10.73% 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 $350 based on current median home prices for the suburb.
The gross rental yield in ALBERTON, 5014 is 3.53%.
An average of 3.5 real estate transactions take place per month in ALBERTON which translates to 42 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $515,500 | $282,500 |
| GROWTH REPORT | ||
| Median Quarterly | 3.1% | -5.83% |
| Median 12 month | 15.84% | -5.83% |
| Median 3 years | 32.18% | 16.02% |
| Median 5 years | 51.62% | 10.14% |
| 10 years average annual | 6.29% | 4.4% |
| Weekly media advert. rent | $350 | $285 |
| Time on Market | 77.0 days | 68.5 days |
| Gross Rental Yield Percent | 3.53% | 5.25% |
There is a threshold for the land value...
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