Property investments in EASTWOOD did not fare well against the rest of the country last year, registering a median home price decrease of 8.58%.
Based on its average 5-year and quarterly capital gains EASTWOOD, 5063 saw average growth in the long term.
Real estate investors could earn a rental income of $430 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 0.0 days.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $632,500.
EASTWOOD ranks 296th on the list of best yielding suburbs for rental properties in SA, posting a 3.54% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||8.58%||2.82%|
|Median 3 years||-1.98%||-5.49%|
|Median 5 years||N/A||-4.68%|
|10 years average annual||9.9%||1.44%|
|Weekly media advert. rent||$430||$450|
|Time on Market||0.0 days||112.6 days|
|Gross Rental Yield Percent||3.54%||4.21%|