Home owners push ahead with renovation work
Despite the coronavirus pandemic, home owners are pushing ahead with their renovation projects, according to new research. ...
Property investments in HAWTHORN fare well against the rest of the country last year, registering a median home price increase of 9.76%.
Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains HAWTHORN, 5062 saw average growth in the long term.
Real estate investors could earn a rental income of $520 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 58.3 days.
Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $967,500.
HAWTHORN ranks 387th on the list of best yielding suburbs for rental properties in SA, posting a 2.79% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $967,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.78% | N/A |
| Median 12 month | 9.76% | N/A |
| Median 3 years | -0.26% | N/A |
| Median 5 years | 16.93% | N/A |
| 10 years average annual | 3.68% | N/A |
| Weekly media advert. rent | $520 | N/A |
| Time on Market | 58.3 days | N/A |
| Gross Rental Yield Percent | 2.79% | N/A |
Despite the coronavirus pandemic, home owners are pushing ahead with their renovation projects, according to new research. ...
COVID-19 has changed the way Australians live, work and play, and the effects are set to stick with us for years to come. ...
As the world adapts to a “new normal” following the COVID-19 outbreak, find out how the Melbourne property market will fare in the comin...
In a positive sign for property markets, Australians are looking to cut their spending rather than sell investment properties to manage the ...
Melbourne’s property market is currently experiencing the largest decline out of Australia’s capitals with fears new lockdown laws could...
In good news for Perth investors, experts are predicting a “major blowout” for rent prices in the capital city once the ban on rental in...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
