Property investments in EASTWOOD did not fare well against the rest of the country last year, registering a median home price increase of 9.44%.
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 $440 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 $637,500.
EASTWOOD ranks 295th on the list of best yielding suburbs for rental properties in SA, posting a 3.59% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||9.44%||-3.14%|
|Median 3 years||22.6%||0%|
|Median 5 years||N/A||N/A|
|10 years average annual||8.44%||2.05%|
|Weekly media advert. rent||$440||$510|
|Time on Market||0.0 days||141.7 days|
|Gross Rental Yield Percent||3.59%||4.91%|