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Netherby
AREA REPORTS

Netherby

Netherby - SUBURB PROFILE REPORT
POSTAL CODE: SA, 5062

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Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also 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 $1,241,000.

The upward trend in home prices in NETHERBY, 5062 averaged 8.03% per annum over a 3-year period.

Average weekly rents on listings have reached the $535 mark, reflecting a 2.24% increase in returns based on the current median price in NETHERBY.

An average of 2.17 real estate transactions take place per month in NETHERBY which translates to 26 per annum.

26 properties were sold in NETHERBY in 2016, making it the 283rd most active market in SA based on total real estate transactions.

NETHERBY, 5062 places 363rd in Australia based on median property value growth during the quarter.

Data report can be found below

Netherby
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,241,000 N/A
GROWTH REPORT
Median Quarterly 2.99% N/A
Median 12 month 19.33% N/A
Median 3 years 24.1% N/A
Median 5 years 2.99% N/A
10 years average annual 4.51% N/A
Weekly media advert. rent $535 N/A
Time on Market 45.4 days N/A
Gross Rental Yield Percent 2.24% N/A
demographics (median values)*
Total Population
14917
Weekly Household Income
1769
Household Size
2.50
Age
43
Monthly Loan Repayment
2000
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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