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 $387,500
Profits averaged 4.59% 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 4.7%.
An average of 1.83 real estate transactions take place per month in PETERHEAD which translates to 22 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||4.73%||N/A|
|Median 3 years||13.78%||N/A|
|Median 5 years||11.27%||N/A|
|10 years average annual||4.03%||N/A|
|Weekly media advert. rent||$350||N/A|
|Time on Market||52.4 days||N/A|
|Gross Rental Yield Percent||4.7%||N/A|