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Property investors have seen a 5.43% 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 $340,000
Profits averaged -5% per annum over a 3-year period, due to an downward trend in home prices in PETERHEAD, 5016.
This means, real estate investors could earn a rental income of $360 based on current median home prices for the suburb.
The gross rental yield in PETERHEAD, 5016 is 5.51%.
An average of 1.58 real estate transactions take place per month in PETERHEAD which translates to 19 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $340,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 5.43% | N/A |
| Median 12 month | -3.94% | N/A |
| Median 3 years | -15% | N/A |
| Median 5 years | -4.23% | N/A |
| 10 years average annual | 0.96% | N/A |
| Weekly media advert. rent | $360 | N/A |
| Time on Market | 59.9 days | N/A |
| Gross Rental Yield Percent | 5.51% | N/A |
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