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1 MIN READHouse Prices Push Average Australian’s Wealth Even Higher In 2022
Despite worries of a housing downturn, Australians’ wealth actually increased 1.2 per cent on average in the first qua...
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EastwoodEastwood - SUBURB PROFILE REPORT
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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 $500 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 stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $1,000,000.
EASTWOOD ranks 324th on the list of best yielding suburbs for rental properties in SA, posting a 2.6% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,000,000 | $562,500 |
| GROWTH REPORT | ||
| Median Quarterly | 4.17% | -6.25% |
| Median 12 month | N/A | -5.06% |
| Median 3 years | 42.65% | N/A |
| Median 5 years | N/A | -1.13% |
| 10 years average annual | 27.12% | 0.27% |
| Weekly media advert. rent | $500 | $500 |
| Time on Market | 0.0 days | 105.4 days |
| Gross Rental Yield Percent | 2.6% | 4.62% |
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