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Urrbrae
AREA REPORTS

Urrbrae

Urrbrae - SUBURB PROFILE REPORT
POSTAL CODE: SA, 5064

house

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.

Data report can be found below

Urrbrae
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
demographics (median values)*
Total Population
9855
Weekly Household Income
1799
Household Size
2.50
Age
46
Monthly Loan Repayment
2167
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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