
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 enjoyed capital gains of 25% over the last 12 months in SEACLIFF PARK, translating to lower returns compared with its peers in SA.
A survey of average capital gains or median home price increase in suburbs across the country shows that the SA suburb obtained a 5.47% growth over a ten-year period. It ranks 2164th on our list of suburbs that property investors should look into.
SEACLIFF PARK, 5049 has a capital gain of 25% for the past year, which is higher than average compared to its 53.77% growth within a five-year period.
With the median home price in SEACLIFF PARK sitting at $775,000, and the average rent at $445, property owners could potentially earn a 2.99% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in SEACLIFF PARK are high, as opposed to average gains per annum over the past five years.
SEACLIFF PARK, 5049 in SA belongs to the local government area of Holdfast Bay (C).
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $775,000 | $405,000 |
GROWTH REPORT | ||
Median Quarterly | 13.14% | -0.49% |
Median 12 month | 25% | -18.35% |
Median 3 years | 51.96% | N/A |
Median 5 years | 53.77% | 16.21% |
10 years average annual | 5.47% | 10.01% |
Weekly media advert. rent | $445 | $350 |
Time on Market | 0.0 days | 62.4 days |
Gross Rental Yield Percent | 2.99% | 4.49% |