A steady increase in median property prices over a five-year period in the suburb translates to a 14.96% capital gain.
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 $837,750.
Profits due to an upward trend in home prices there averaged 4.99% per annum over a 3-year period.
Home owners selling their properties and realtors in FULLARTON usually have to wait an average of 52.7 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $550 mark, reflecting a 3.41% increase in returns based on the current median price in FULLARTON.
FULLARTON, 5063 places 360th in Australia based on median property value growth during the quarter.
Figures from the previous quarter show that capital gains for real estate buyers in FULLARTON are low, as opposed to average gains per annum over the past five years.
Real estate investors could earn a rental income of $345 based on current median home prices for the suburb.
Average weekly rents on listings have reached the $345 mark, reflecting a 4.17% increase in returns based on the current median price in FULLARTON.
FULLARTON, 5063 ranks 144th in SA in terms of median property value increase and capital gains, based on year-to-date figures.
FULLARTON ranks 140th on the list of best yielding suburbs for rental properties in SA, posting a 4.17% return.
If you are running a genuine rental...
The rental market should be totally...
I agree Rick - it would be good and easy...
Independent Financial Adviser
Real Estate Business
Smart Property Investment
Which Investment Property
Australian Law Awards
Corporate Counsel Awards
30 Under Thirty
Partner of the Year
Women in Law
Better Business Summit
Australian Broking Awards
New Broker Academy
Bootcamp SME Broker
Australian Accounting Awards
ifa Excellence Awards
Women in Finance Awards
Adviser Innovation Summit
Tax & Legal