Reduction in building construction to fuel Brisbane’s recovery, says expert
Buyer’s agent Melinda Jennison is optimistic about the future of the Brisbane property market, provided that certain growth drivers serve ...
Property investors have seen a -10.45% drop in EXETER based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains EXETER, 5019 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 $450,000
Profits averaged 0.76% per annum over a 3-year period, due to an upward trend in home prices in EXETER, 5019.
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 EXETER, 5019 is 4.16%.
An average of 2.25 real estate transactions take place per month in EXETER which translates to 27 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $450,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -10.45% | N/A |
| Median 12 month | N/A | N/A |
| Median 3 years | 2.27% | N/A |
| Median 5 years | 8.43% | N/A |
| 10 years average annual | 2.57% | N/A |
| Weekly media advert. rent | $360 | N/A |
| Time on Market | 31.0 days | N/A |
| Gross Rental Yield Percent | 4.16% | N/A |
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