Property investors have seen a 2.53% gain in URRBRAE based on an increase in median home prices for the past three months.
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 $851,000
Profits averaged 9.39% 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 $500 based on current median home prices for the suburb.
The gross rental yield in URRBRAE, 5064 is 3.06%.
An average of 2.25 real estate transactions take place per month in URRBRAE which translates to 27 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||2.28%||4.67%|
|Median 3 years||28.16%||N/A|
|Median 5 years||12.45%||N/A|
|10 years average annual||3.19%||9.61%|
|Weekly media advert. rent||$500||N/A|
|Time on Market||77.3 days||0.0 days|
|Gross Rental Yield Percent||3.06%||N/A|