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Property investors have seen a 0.1% gain in PETERHEAD based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains PETERHEAD, 5016 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 $357,875
Profits averaged 0.03% per annum over a 3-year period, due to an upward trend in home prices in PETERHEAD, 5016.
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 PETERHEAD, 5016 is 5.09%.
An average of 2.25 real estate transactions take place per month in PETERHEAD which translates to 27 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-10.53%||N/A|
|Median 3 years||0.1%||N/A|
|Median 5 years||5.86%||N/A|
|10 years average annual||1.71%||N/A|
|Weekly media advert. rent||$350||N/A|
|Time on Market||49.0 days||N/A|
|Gross Rental Yield Percent||5.09%||N/A|
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