Property investors have seen a -0.66% drop in BELAIR based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains BELAIR, 5052 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 $636,500
Profits averaged 6.7% per annum over a 3-year period, due to an upward trend in home prices in BELAIR, 5052.
This means, real estate investors could earn a rental income of $442.5 based on current median home prices for the suburb.
The gross rental yield in BELAIR, 5052 is 3.62%.
An average of 7.75 real estate transactions take place per month in BELAIR which translates to 93 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||5.64%||N/A|
|Median 3 years||20.09%||N/A|
|Median 5 years||27.3%||N/A|
|10 years average annual||4.11%||N/A|
|Weekly media advert. rent||$442.5||N/A|
|Time on Market||66.5 days||N/A|
|Gross Rental Yield Percent||3.62%||N/A|