Powered by MOMENTUM MEDIA
smart property investment logo
Largs North
AREA REPORTS

Largs North

Largs North - SUBURB PROFILE REPORT
POSTAL CODE: SA, 5016

house
unit

Property investments in LARGS NORTH fare well against the rest of the country last year, registering a median home price increase of 24.07%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains LARGS NORTH, 5016 saw average growth in the long term.

Real estate investors could earn a rental income of $420 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 40.6 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $585,000.

LARGS NORTH ranks 206th on the list of best yielding suburbs for rental properties in SA, posting a 3.73% return.

Data report can be found below

Largs North
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $585,000 $322,500
GROWTH REPORT
Median Quarterly 6.41% 4.03%
Median 12 month 24.07% 22.86%
Median 3 years 25.54% 8.95%
Median 5 years 36.05% -8.25%
10 years average annual 4.96% 6.85%
Weekly media advert. rent $420 $330
Time on Market 40.6 days 48.1 days
Gross Rental Yield Percent 3.73% 5.32%
demographics (median values)*
Total Population
8851
Weekly Household Income
1306
Household Size
2.30
Age
43
Monthly Loan Repayment
1668
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.