
Demand For Homes Stays High In 1 State While The Rest Fall Back
Rising interest rates have eased demand from potential buyers, which has been reflected in the slowing of home price gro...
Property investors have seen a 8.93% gain in HAWTHORNDENE based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on HAWTHORNDENE, 5051 can rest assured about this SA suburb's performance. The suburb saw median home prices rise by 26.32%.
Based on its average 5-year and quarterly capital gains HAWTHORNDENE, 5051 saw average growth in the long term.
The SA suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $720,000
Profits averaged 11.86% per annum over a 3-year period, due to an upward trend in home prices in HAWTHORNDENE, 5051.
This means, real estate investors could earn a rental income of $460 based on current median home prices for the suburb.
The gross rental yield in HAWTHORNDENE, 5051 is 3.32%.
An average of 4.92 real estate transactions take place per month in HAWTHORNDENE which translates to 59 per annum.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $720,000 | N/A |
GROWTH REPORT | ||
Median Quarterly | 8.93% | N/A |
Median 12 month | 26.32% | N/A |
Median 3 years | 35.59% | N/A |
Median 5 years | 40.83% | N/A |
10 years average annual | 4.92% | N/A |
Weekly media advert. rent | $460 | N/A |
Time on Market | 27.7 days | N/A |
Gross Rental Yield Percent | 3.32% | N/A |