Perth’s luxury property growth ranked highest in Australia
Smaller cities have outranked the major capitals for prime luxury residential real estate price growth, a new report has shown. ...
BLACK FOREST, 5035 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Average median house prices in SA have risen as a whole, pulling BLACK FOREST, 5035 values up and netting property investors a capital gain of 16.83% for the past year.
Investors saw the median home price rise to $870,500.
Profits due to an upward trend in home prices in the suburb averaged 5.36% per annum over a 3-year period.
Because of this real estate investors could earn a rental income of $420 based on current median home prices.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In BLACK FOREST, homes and units usually stay on listing for an average of 0.0 days.
In 2016, 12 properties were sold in BLACK FOREST during the past year, making it the 424th most active market in SA based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $870,500 | $278,750 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | -19.2% |
| Median 12 month | 16.83% | -19.2% |
| Median 3 years | 16.07% | -13.57% |
| Median 5 years | 30.59% | -2.19% |
| 10 years average annual | 2.81% | 0.81% |
| Weekly media advert. rent | $420 | $310 |
| Time on Market | 0.0 days | 0.0 days |
| Gross Rental Yield Percent | 2.51% | 5.78% |
Smaller cities have outranked the major capitals for prime luxury residential real estate price growth, a new report has shown. ...
The banks are customer hungry, meaning they’re willing to offer increased discounts to new customers and apply these discounts to existing...
Despite the pandemic, house and unit prices rose across Australia last year. But will this resilience persist in 2021? ...
Prices across the high-end property market are tipped to see exponential growth as demand for space and comfort increases. ...
Nearly one in 10 Victorian properties is at a very high risk of a climate hazard, new research has revealed, pinpointing the regions that ...
With JobSeeker coming to an end in March, how will the Australian housing market fare? ...
Get notifications in real-time for staying up to date with content that matters to you.
