487 Markets Join Million-dollar Property Club: CoreLogic
Australia’s property million-dollar club has continued to grow, as new research shows that more than one in five homes...
Property investors have seen a 27.78% 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 40.56%.
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 $632,500
Profits averaged 8.42% 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 $385 based on current median home prices for the suburb.
The gross rental yield in ALBERTON, 5014 is 3.17%.
An average of 2.17 real estate transactions take place per month in ALBERTON which translates to 26 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||40.56%||N/A|
|Median 3 years||25.25%||N/A|
|Median 5 years||31.98%||N/A|
|10 years average annual||6.52%||N/A|
|Weekly media advert. rent||$385||N/A|
|Time on Market||43.0 days||N/A|
|Gross Rental Yield Percent||3.17%||N/A|