The Property Policies Both Major Parties Are Peddling
Today’s (21 May) the last day for Australians to vote in the federal election. Here, we’ll be recapping the major pr...
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.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|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|