BENDIGO 
1 MIN READMetro Melbourne Surpasses $1m Mark For The First Time
While it has lagged behind other capital cities in post-pandemic recovery, Melbourne has now cemented its resilience, re...
Read More
SeatonSeaton - SUBURB PROFILE REPORT
SHARE 
Property investors have seen a 0.14% gain in SEATON based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains SEATON, 5023 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 $550,000
Profits averaged 2.79% per annum over a 3-year period, due to an upward trend in home prices in SEATON, 5023.
This means, real estate investors could earn a rental income of $420 based on current median home prices for the suburb.
The gross rental yield in SEATON, 5023 is 3.97%.
An average of 11.83 real estate transactions take place per month in SEATON which translates to 142 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $550,000 | $409,500 |
| GROWTH REPORT | ||
| Median Quarterly | 0.14% | -1.8% |
| Median 12 month | 5.77% | 9.79% |
| Median 3 years | 8.37% | 19.21% |
| Median 5 years | 20.88% | 36.96% |
| 10 years average annual | 2.31% | 3.72% |
| Weekly media advert. rent | $420 | $300 |
| Time on Market | 59.2 days | 71.0 days |
| Gross Rental Yield Percent | 3.97% | 3.81% |
Get notifications in real-time for staying up to date with content that matters to you.
Copyright © 2021 Smart Property Investment
