Property Market Update: Brisbane, April 2022
Brisbane remained golden in April, as house values in the city marched higher to hit a new record high. But with a rate ...
Property investors have seen a 0.76% gain in GOODWOOD based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on GOODWOOD, 5034 can rest assured about this SA suburb's performance. The suburb saw median home prices rise by 54.84%.
Based on its average 5-year and quarterly capital gains GOODWOOD, 5034 saw average growth in the long term.
The SA suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,320,000
Profits averaged 18.74% per annum over a 3-year period, due to an upward trend in home prices in GOODWOOD, 5034.
This means, real estate investors could earn a rental income of $500 based on current median home prices for the suburb.
The gross rental yield in GOODWOOD, 5034 is 1.97%.
An average of 4.58 real estate transactions take place per month in GOODWOOD which translates to 55 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||54.84%||-39.19%|
|Median 3 years||56.21%||14.19%|
|Median 5 years||79.35%||-13.85%|
|10 years average annual||8.75%||3.95%|
|Weekly media advert. rent||$500||$350|
|Time on Market||31.2 days||36.5 days|
|Gross Rental Yield Percent||1.97%||5.42%|