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 Price | $387,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | N/A | N/A |
| 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 |
Hopefully this will increase the value...
Great post! I must appreciate that you...
I don't think I've read an article in a...