House Prices Push Average Australian’s Wealth Even Higher In 2022
Despite worries of a housing downturn, Australians’ wealth actually increased 1.2 per cent on average in the first qua...
Based on its average 5-year and quarterly capital gains SEACLIFF, 5049 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that SEACLIFF, 5049 obtained a 7.17% growth over a ten-year period. It ranks 1363rd on our list of suburbs that property investors should look into.
SEACLIFF, 5049 in SA belongs to the local government area of Holdfast Bay (C).
SEACLIFF, 5049 has a capital gain of 25.79% for the past year, which is higher than average compared to its 33.24% growth within a five-year period.
With the median home price in SEACLIFF sitting at $1,000,000, and the average rent at $550, property owners could potentially earn a 2.86% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in SEACLIFF are high, as opposed to average gains per annum over the past five years.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||25.79%||10.47%|
|Median 3 years||41.84%||41.79%|
|Median 5 years||33.24%||N/A|
|10 years average annual||7.17%||4.57%|
|Weekly media advert. rent||$550||$355|
|Time on Market||72.8 days||28.1 days|
|Gross Rental Yield Percent||2.86%||3.89%|