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Hove
AREA REPORTS

Hove

Hove - SUBURB PROFILE REPORT
POSTAL CODE: SA, 5048

house
unit
HOVE ranks 162nd in SA when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 26.74% for the past year is higher than average compared to its 16.79% growth within a five-year period.

Also in HOVE, the median home price is sitting at $817,500, and the average rent at $500, this suggests property owners could potentially earn a 3.18% increase in gross rental yield.

Property investors have seen a 0% gain in HOVE based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on HOVE, 5048 can rest assured about this SA suburb's performance. The suburb saw median home prices rise by 26.74%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 4.55% growth over a ten-year period. It ranks 1576th on our list of suburbs that property investors should look into.

Data report can be found below

Hove
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $817,500 $425,000
GROWTH REPORT
Median Quarterly 0% 0%
Median 12 month 26.74% -1.73%
Median 3 years 24.81% 12.66%
Median 5 years 16.79% 16.44%
10 years average annual 4.55% 2.79%
Weekly media advert. rent $500 $320
Time on Market 55.0 days 64.1 days
Gross Rental Yield Percent 3.18% 3.92%
demographics (median values)*
Total Population
14225
Weekly Household Income
1290
Household Size
2.30
Age
46
Monthly Loan Repayment
1733
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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