Property investors enjoyed capital gains of 8.22% over the last 12 months in UNLEY, translating to lower returns compared with its peers in SA.
Figures from the previous quarter show that capital gains for real estate buyers in UNLEY are low, as opposed to average gains per annum over the past five years.
The suburb posted a 14.49% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $540 based on current median home prices for the suburb.
On average, rents on listings have reached the $540 mark, reflecting a 2.79% increase in returns based on the current median price in UNLEY.
UNLEY, 5061 ranks 42nd in SA in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 369th on the list of best yielding suburbs for rental properties in SA, posting a 2.79% return.
Property investors have seen a 6.95% gain in UNLEY based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains UNLEY, 5061 saw average growth in the long term.
UNLEY, 5061 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $500,000.
Profits due to an upward trend in home prices in UNLEY, 5061 averaged 3.58% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $375 based on current median home prices for the suburb.
The gross rental yield in UNLEY, 5061 is 3.9%.
An average of 3.17 real estate transactions take place per month in UNLEY which translates to 38 per annum.
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