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 $946,000.
The upward trend in home prices in STONYFELL, 5066 averaged 4.89% per annum over a 3-year period.
Average weekly rents on listings have reached the $570 mark, reflecting a 3.13% increase in returns based on the current median price in STONYFELL.
An average of 2.17 real estate transactions take place per month in STONYFELL which translates to 26 per annum.
26 properties were sold in STONYFELL in 2016, making it the 282nd most active market in SA based on total real estate transactions.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||9.81%||N/A|
|Median 3 years||14.67%||N/A|
|Median 5 years||16.93%||N/A|
|10 years average annual||5.85%||N/A|
|Weekly media advert. rent||$570||N/A|
|Time on Market||71.4 days||N/A|
|Gross Rental Yield Percent||3.13%||N/A|