Canberra Now Boasts A 7-figure Median House Price
With double-digit growth and the steepest price acceleration in almost three decades, Canberra continues to dominate the...
Property investors have seen a 2.71% gain in HAWTHORNDENE based on an increase in median home prices for the past three months.
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 $588,000
Profits averaged 2.7% 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 $450 based on current median home prices for the suburb.
The gross rental yield in HAWTHORNDENE, 5051 is 3.98%.
An average of 5 real estate transactions take place per month in HAWTHORNDENE which translates to 60 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.16%||N/A|
|Median 3 years||8.09%||N/A|
|Median 5 years||24.71%||N/A|
|10 years average annual||2.81%||N/A|
|Weekly media advert. rent||$450||N/A|
|Time on Market||38.2 days||N/A|
|Gross Rental Yield Percent||3.98%||N/A|