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SeatonSeaton - SUBURB PROFILE REPORT
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Property investors have seen a 5.98% gain in SEATON based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on SEATON, 5023 can rest assured about this SA suburb's performance. The suburb saw median home prices rise by 12.82%.
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 $620,500
Profits averaged 7.22% 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 $450 based on current median home prices for the suburb.
The gross rental yield in SEATON, 5023 is 3.77%.
An average of 13.5 real estate transactions take place per month in SEATON which translates to 162 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $620,500 | $349,750 |
| GROWTH REPORT | ||
| Median Quarterly | 5.98% | 0.65% |
| Median 12 month | 12.82% | -14.7% |
| Median 3 years | 21.67% | 1.38% |
| Median 5 years | 29.27% | 14.48% |
| 10 years average annual | 4.07% | 0.4% |
| Weekly media advert. rent | $450 | $330 |
| Time on Market | 52.1 days | 57.7 days |
| Gross Rental Yield Percent | 3.77% | 4.91% |
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