How Much Of The Housing Market Can You Afford?
Aussies can no longer rely on their incomes and savings alone to fund a property purchase, as prices soar and incomes st...
Property investors have seen a 0% gain in BELAIR based on an increase 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 $675,000
Profits averaged 1.92% 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 $545 based on current median home prices for the suburb.
The gross rental yield in BELAIR, 5052 is 4.2%.
An average of 5.17 real estate transactions take place per month in BELAIR which translates to 62 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||8%||N/A|
|Median 3 years||5.76%||N/A|
|Median 5 years||18.84%||N/A|
|10 years average annual||2.61%||N/A|
|Weekly media advert. rent||$545||N/A|
|Time on Market||68.5 days||N/A|
|Gross Rental Yield Percent||4.2%||N/A|