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2 MIN READThe Property Policies Both Major Parties Are Peddling
Today’s (21 May) the last day for Australians to vote in the federal election. Here, we’ll be recapping the major pr...
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UrrbraeUrrbrae - SUBURB PROFILE REPORT
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Property investors have seen a 8.05% gain in URRBRAE based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on URRBRAE, 5064 can rest assured about this SA suburb's performance. The suburb saw median home prices rise by 14.57%.
Based on its average 5-year and quarterly capital gains URRBRAE, 5064 saw average growth in the long term.
The SA 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 $996,750
Profits averaged 5.5% per annum over a 3-year period, due to an upward trend in home prices in URRBRAE, 5064.
This means, real estate investors could earn a rental income of $625 based on current median home prices for the suburb.
The gross rental yield in URRBRAE, 5064 is 3.26%.
An average of 1.83 real estate transactions take place per month in URRBRAE which translates to 22 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $996,750 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 8.05% | N/A |
| Median 12 month | 14.57% | N/A |
| Median 3 years | 16.51% | N/A |
| Median 5 years | 20.09% | N/A |
| 10 years average annual | 3.36% | N/A |
| Weekly media advert. rent | $625 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 3.26% | N/A |
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