Property investments in HIGHGATE did not fare well against the rest of the country last year, registering a median home price increase of 1.51%.
Real estate investors could earn a rental income of $490 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 $875,000.
HIGHGATE ranks 368th on the list of best yielding suburbs for rental properties in SA, posting a 2.91% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||1.51%||N/A|
|Median 3 years||29.44%||N/A|
|Median 5 years||14.01%||N/A|
|10 years average annual||5.25%||N/A|
|Weekly media advert. rent||$490||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||2.91%||N/A|