Property investors have seen a -2.31% drop in GOODWOOD based on a decrease in median home prices for the past three months.
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 $741,500
Profits averaged 0.98% 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 3.51%.
An average of 3.17 real estate transactions take place per month in GOODWOOD which translates to 38 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-3.07%||-22.69%|
|Median 3 years||2.95%||-7.29%|
|Median 5 years||19.6%||-6.32%|
|10 years average annual||2.98%||5.41%|
|Weekly media advert. rent||$500||$345|
|Time on Market||46.0 days||63.4 days|
|Gross Rental Yield Percent||3.51%||5.04%|